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(Sharecast News) - Cadogan Energy Solutions revealed on Friday that chief executive Fady Khallouf had acquired 3.32m ordinary shares in the UK-based energy company.
Khallouf, who previously served as CEO of the Euronext-listed Futuren, purchased the shares on Wednesday at an average price of 2.60p each, for £86,450.
Following the transaction, Khallouf holds a beneficial interest in 17.45m ordinary Cadogan shares, representing roughly 7.15% of the company's issued share capital.
As of 1610 GMT, Cadogan shares were up 3.57% at 2.90p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Cadogan Energy Solutions (CAD)
Director name: Khallouf,Fady
Amount purchased: 3,325,000 @ 2.60p
Value: £86,450.00
Rolls-royce Holdings (RR.)
Director name: Strank,Angela
Amount purchased: 5,643 @ 351.75p
Value: £19,849.25
Ecofin Global Utilities And Infrastructure Trust (EGL)
Director name: Nicklin ,Susannah
Amount purchased: 1,684 @ 147.65p
Value: £2,486.46
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