Jersey Oil & Gas plc (JOG) reported senior management and persons closely associated purchases of ordinary shares in the company.
On 30 January, non-executive chairman Les Thomas and his wife bought 10,000 ordinary shares at 180p per ordinary share, taking their holding to 43,000 equal to 0.13% of the enlarged capital of the company.
Non-executive director Marcus Stanton purchased 3,500 ordinary shares each at 178p and 500 ordinary shares each at 500p for a total holding of 116,411 ordinary shares (0.36%).
JOG also issued a further 1,667 new ordinary shares of 1p each following the exercise of certain options under its 2016 enterprise management incentive unapproved share option plan.
Following admission of the additional option shares, the company’s enlarged share capital will comprise 32,667,627 ordinary shares, each with one voting right. JOG holds no shares in treasury.