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IN BRIEF: Energean CEO sells GBP55.3 million in shares as chair buys

Fri, 24th Jun 2022 08:29

Energean PLC - gas exploration and production in Mediterranean - Chief Executive Mathios Rigas sells 5 million shares via Growthy Holdings Co Ltd at GBP11.06 each, worth GBP55.3 million, in London on Thursday. Growthy Holdings now holds around 15 million shares, an 8.5% stake. Energean says: "Rigas remains fully committed to the business and is confident in the outlook for Energean."

Separately, Chair Karen Simon buys 34,000 shares at GBP11.06 each, worth GBP376,040, on Thursday.

Current stock price: 1,093.00 pence on Friday, down 6.7%

12-month change: up 42%

By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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