RE: Sounds like potential buyout to me12 Apr 2024 07:36
Presume this guy knows the plan and am content to follow his lead.
Director dealings: Petrofac chairman ups stake
(Sharecast News) - Petrofac revealed on Friday that chairman René Médori had acquired 75,820 ordinary shares in the London-listed energy services company.
Médori, who previously served as Anglo American's finance director, purchased the shares on Thursday at an average price of 26.38p each, for a total value of £19,999.95.
Following the transaction, Médori holds in interest in 660.040 ordinary Petrofac shares.