News Oil & Gas

Reabold directors buy 56.8m ordinary shares

Reabold Resources plc directors today purchased in total approximately 56.8 million ordinary shares of 0.1p in the company.

DEALINGS

Co-chief executive Stephen Williams purchased 10,660,744 ordinary shares each at an average price of approximately 0.27 pence per share.

Mr Williams’ spouse; 7,000,000 ordinary shares each at 0.295 pence.

Co-chief executive officer Sachin Oza; 25,644,236 ordinary shares each at approximately 0.28 pence.

Mr Oza’s spouse; 13,544,242 ordinary shares each at approximately 0.30 pence.

TOTAL HOLDINGS

Following the transactions, Mr Williams and his spouse will hold 47,304,697 ordinary shares, representing 0.53% of the company’s issued share capital.

Mr Oza and his spouse will have 75,750,299 ordinary shares, representing 0.85% of the issued share capital.