News Oil & Gas

Reabold CEOs purchase 200m shares

Reabold Resources plc co-chief executive officers have purchased a total 200,714,285 ordinary shares in the company.

On 13 June, Sachin Oza sold 16,744,286 ordinary shares each at 0.0575 pence and immediately purchased 25,000,000 shares, each at 0.0665 pence, into his Individual Savings Account.

He separately bought a further 135,714,285 ordinary shares each at 0.07 pence, for a total £111,625 purchase.

On the same date, Stephen Williams purchased 40,000,000 ordinary shares, each at 0.0698 pence, for £27,920.

Mr Oza now has 219,720,298 ordinary shares, representing 2.16% of the company’s issued share capital.

Mr Williams owns 87,304,697 ordinary shares (0.86%).