LONDON (Alliance News) - Hardy Oil & Gas PLC said Monday that a group of non-executive directors, including non-executive chairman Alasdair Locke, had been issued shares in the company at a price of 74 pence per share in consideration for services rendered.
The shares were issued as follows:
Name | Number of Ordinary Shares Issued | Number of Ordinary Shares beneficially interested in following the issue | Percentage of the issued share capital beneficially interested in following the issue |
Alasdair Locke (Chairman) | 33,784 | 883,503 | 1.21% |
Peter Milne | 16,892 | 155,430 | 0.21% |
Pradip Shah | 12,162 | 698,886 | 0.96% |
Yogeshwar Sharma | 12,162 | 2,674,600 | 3.66% |
Total | 75,000 | 4,412,419 | 6.03% |
Shares in the oil and gas company were trading down 0.5% at 73.65 pence Monday afternoon.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @hanassallnews
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