Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSEA.L Share News (SEA)

  • There is currently no data for SEA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Petroceltic board stocks up after placing approved

Fri, 27th Jun 2014 16:34

The board members of oil and gas company Petroceltic International has purchased a round of shares at 157p each following the placing announced last month, the second tranche of which was approved on Thursday at an extraordinary general meeting. The largest deals were carried out by Chief Executive Officer Brian O'Cathain and Chief Financial Officer Tom Hickey, who each added 76,464 shares. Chief Operating Officer David Thomas added 22,031, while Non-Executive Deputy Chairman Hugh McCutcheon acquired 6,401. Altogether, the board members purchased a total of 192,130 shares. The placing was proposed last month and was carried out to raise around £59.7m to give the company greater flexibility to pursue various growth opportunities.At the time of the placing announcement, O'Cathain said: "The proceeds of this placing will provide the company with the financial flexibility to undertake all its currently planned exploration programs, continue the current pace of progress on the Isarene PSC pending completion of the second farm-out to Sonatrach and to maintain an appropriate balance of debt and equity funding within the business."Top Director BuysWolseley (WOS) Director name: Mr John DalyAmount purchased: 1,500 @ 3,202.00p Value: £48,030Infinis Energy (INFI) Director name: Mr Alan BryceAmount purchased: 10,000 @ 236.10p Value: £23,610Porta Communications (PTCM) Director name: Mr Brian BlasdaleAmount purchased: 189,990 @ 10.50p Value: £19,949Jubilee Platinum (JLP) Director name: Mr Colin BirdAmount purchased: 1,300,000 @ 1.53p Value: £19,890BowLeven (BLVN) Director name: Mr Kevin HartAmount purchased: 50,000 @ 37.70p Value: £18,850Goldenport Holdings Inc. (DI) (GPRT) Director name: Mr Alexis StephanouAmount purchased: 5,000 @ 352.00p Value: £17,600SeaEnergy (SEA) Director name: Mr David Kemlo Laing Amount purchased: 40,000 @ 37.40p Value: £14,960SeaEnergy (SEA) Director name: Mr David SigsworthAmount purchased: 40,000 @ 36.50p Value: £14,600Inspirit Energy Holdings (INSP) Director name: Mr David LenigasAmount purchased: 1,000,000 @ 1.46p Value: £14,600EMIS Group (EMIS) Director name: Mr Kevin BoydAmount purchased: 1,500 @ 740.00p Value: £11,100Top Director SellsInvestec (INVP) Director name: Mr Hendrik du ToitAmount sold: 62,500 @ 523.00p Value: £326,875Investec (INVP) Director name: Mr David MillerAmount sold: 5,000 @ 531.00p Value: £26,550NR
More News
8 Aug 2014 06:56

SeaEnergy Joint Venture Wins Two More Ship Management Contracts

Read more
18 Jun 2014 09:04

SeaEnergy Unit Wins USD1 Million Mexico Contract

LONDON (Alliance News) - SeaEnergy PLC Wednesday said its Return To Scene Ltd subsidiary has won a contract to supply a visual asset management system from Mexican national oil company Petróleos Mexicanos. The visual asset management system provides high-definition 360 degree spherical phot

Read more
18 Jun 2014 07:17

SeaEnergy secures $1m contract with Petróleos Mexicanos

Offshore energy group SeaEnergy announced its subsidiary Return To Scene has secured a contract for its R2S visual asset management system with Petróleos Mexicanos for $1m. The contract, which was won following a competitive public international process, will see the group complete the spherical ph

Read more
11 Jun 2014 12:35

UK MIDDAY BRIEFING: J Sainsbury Sales Down Again, But Stock Gains

LONDON (Alliance News) - J Sainsbury Wednesday reported another drop in like-for-like sales, its second consecutive quarterly decline after nine years of unbroken sales growth.

The UK's third-largest supermarket chain by market share posted a 1.1% decline in like-f

Read more
11 Jun 2014 10:44

UK WINNERS & LOSERS: Supermarkets Up, Airlines Down

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
-------
FTSE 100 - WINNERS
-------
J Sainsbury, up 2.5%, Tesco, up 0.6%, and WM Morri

Read more
11 Jun 2014 09:49

SeaEnergy agrees shipping management joint venture

AIM-listed offshore energy group SeaEnergy has entered into a joint venture with Singapore-based shipping company Go Offshore (GO) to manage GO's vessels in the UK adn Europe. Via its subsidiary SeaEnergy Ship Management (SEASM), the group will own a 51% stake in the venture which will manage GO's

Read more
11 Jun 2014 08:16

SeaEnergy In Joint Venture With Singapore's Go Offshore

LONDON (Alliance News) - Offshore energy services business SeaEnergy PLC Wednesday said it had entered into a joint venture with Singapore-based shipping company Go Offshore (Asia) Pte Ltd that will manage Go's vessels in UK, European and adjacent waters. In a statement, SeaEnergy said its

Read more
21 May 2014 11:20

SeaEnergy wins ship management contract

SeaEnergy's recently established subsidiary SeaEnergy Ship Management has won a ship management contract for its first vessel from SEASM. The offshore services specialist will receive a subsea support vessel, MV Surf Ranger, formerly the MV Seisranger, which was recently acquired by Otto Marine's s

Read more
21 May 2014 11:02

SeaEnergy Subsidiary Awarded First Ship Management Contract

LONDON (Alliance News) - SeaEnergy PLC Wednesday said its recently established subsidiary SeaEnergy Ship Management Ltd has been awarded its first ship management contract. The offshore energy services business said the ship management contract is with shipping-focused offshore marine group

Read more
16 Apr 2014 13:24

SeaEnergy Reorganises Business Around RS2 Division

LONDON (Alliance News) - SeaEnergy PLC Wednesday announced a reorganisation of its business structure to improve the development of its fast-growing R2S division and boost operational profitability. The Scotland-based energy services company said the reorganisation, which is expected to bri

Read more
9 Apr 2014 13:40

SeaEnergy To Make GBP4.6 Million Final Earn-Out Payment For R2S

LONDON (Alliance News) - SeaEnergy PLC Wednesday said it will pay the previous owners of Return To Scene Ltd (R2S), which it acquired in 2012, a final earn-out payment of GBP4.6 million in cash and shares after the new business exceeded its earnings target. SeaEnergy will issue 905,440 new

Read more
7 Apr 2014 15:27

Sector movers: Electricity, utility stocks gain as risk appetite falls

Just two sectors - electricity and utilities - were trading in positive territory on Monday as investors sought out 'safer' defensive stocks in the face of a wider market sell-off. Defensives sectors are those which have a low correlation to economic activity and generally perform well in times of

Read more
2 Apr 2014 10:25

SeaEnergy Moves Closer To Breakeven As Pretax Loss Narrows

LONDON (Alliance News) - SeaEnergy PLC Wednesday said its pretax loss narrowed and it is making progress towards breakeven as revenues increased significantly in 2013. The Scotland-based energy services company said its pretax loss narrowed to GBP804,000 from GBP2.4 million the previous yea

Read more
27 Feb 2014 13:41

SeaEnergy Says In Joint-Venture Talks For Marine Division

LONDON (Alliance News) - SeaEnergy PLC Thursday said that its R2S business and Consultancy operations are making progress and that it is in discussions with potential joint venture partners over its Marine operations. The Scotland-based energy services company said its R2S business has had

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account