Predator Oil & Gas Holdings PLC - operator of Guercif petroleum agreement onshore Morocco and developer of onshore fields in Trinidad - H2Green Power Ltd sells 1.8 million shares, a 0.6% stake, at 9 pence, worth GBP160,713, on Tuesday. Predator Executive Chair Paul Griffiths is a director and significant shareholder of H2Green Power, and his interest in Predator is reduced to 14.6% from 15.4% as a result. H2Green sells its shareholding "to remove any potential conflicts of interest between the two entities and to provide funding for the development of H2Green's business", Predator says.
Current stock price: 8.86p, down 11% on Thursday in London
12-month change: up 85%
By Tom Waite; thomaslwaite@alliancenews.com
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Predator Oil (PRD)