LONDON (Alliance News) - Diversified Gas & Oil PLC said Thursday that Chief Executive Officer Rusty Hutson and two non-executive directors have purchased shares in the company.
Hutson bought 100,000 shares at an average price of 108.25 pence per share, at a total of GBP108,250. He now a holds 20.4 million shares overall, reflecting a 2.9% stake in Diversified Gas & Oil.
Non-Executive Director Robert Post also acquired 100,000 shares for 108.25p each, giving him 20.3 million shares overall, representing a 2.9% interest.
Non-Executive Director Martin Thomas purchased 15,000 shares at 107.5p per share, at a total of GBP16,125. He now holds 2.1 million shares in total, reflecting a 0.3% holding.
Shares in the oil & gas company were 9.6% lower at 104.00 pence on Thursday.
