Director Buys29 Jan 2018 09:48
Director's dealings
The Board of CNE (AIM:CNEL), the AIM quoted engineering and technology solutions provider to the bioenergy sector, was notified on 26 January 2018 that Mr Xinchun Jiang, a PDMR, acquired 2,450,000 ordinary shares in the Company at an average price of 1.56p. Mr Xinchun Jiang now holds 26,675,000 ordinary shares in the Company with a holding of 5.43% of issued share capital.
The total issued share capital of the Company comprises 491,256,350 ordinary shares of 0.025p each. The Company holds 46,808,809 shares in treasury, accordingly total voting rights are 444,447,541.
The Chairman, Mr Yu, commented "Mr Jiang was recently promoted to CEO of our main operating division ZKTY, and his share purchases demonstrate real confidence and commitment to the future development of the business".