Finance News Oil & Gas

i3 Energy reports chairman and CEO share dealings

Oil and gas company i3 Energy plc announced share dealings by two directors of the company.

PURCHASE

Chairman John Festival purchased 1,000,000 ordinary shares of 0.01 pence each in the company at CAD0.355 per share.

He now has 2,602,360 ordinary shares, representing 0.22% of the company’s issued share capital.

Chief executive officer Majid Shafiq purchased 206,607 ordinary shares at a price of 24.2 pence per share.

Following the transaction, Mr Shafiq holds 9,537,891 ordinary shares, representing 0.80% of the company’s issued share capital.