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Director Purchases Shares

15 Feb 2012 07:00

RNS Number : 4513X
Frontera Resources Corporation
15 February 2012
 



FRONTERA RESOURCES CORPORATION

 

Houston, Texas, U.S.A. - 15 February 2012

 

 

Director Purchases Shares

 

 

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, was notified on February 14, 2012, by Stephen E. McGregor, Executive Director and Chief Financial Officer of the Company of the purchase of 600,000 ordinary shares in the Company ("Ordinary Shares"). Following the share purchases, Mr. McGregor holds a total of 13,044,292 Ordinary Shares, representing 0.61 percent of the Company's issued share capital. The share purchases occurred at the available market price as set forth below.

 

 

 

Director

 

 

Date

 

Purchase Price

 

 

No. of Shares

 

Stephen E. McGregor, Executive Director and Chief Financial Officer

 

February 14, 2012

 

1.08 pence

1.07 pence

1.05 pence

 

 

52,000

450,000

98,000

 

 

 

 

Enquiries:

 

Frontera Resources Corporation

Liz Williamson

Vice President, Investor Relations and Corporate Communications

Office: (713) 585-3216

Email: lwilliamson@fronteraresources.com

 

Nominated Adviser:

Strand Hanson Limited

James Harris / Andrew Emmott / Paul Cocker / Liam Buswell

+44 (0)20 7409 3494

 

Brokers:

 

Old Park Lane Capital Plc

Michael Parnes / Luca Tenuta

+44 (0)20 7493 8188

 

Cornhill Capital Limited

Nick Bealer/Stefan Olivier

+44 (0) 207 710 9610

 

Financial PR:

Buchanan

Tim Thompson / Ben Romney

+44 (0)20 7466 5000

timt@buchanan.uk.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSFASMIFESELE
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