11 Jul 2008 14:34
Andes Energia plc
("AEN" or the "Company")
The Company announces that on 10 July 2008 it received notification from Luis Alvarez Poli, CEO of the Company, that on 8 July 2008 he bought 20,000 ordinary shares in AEN at 48.50 pence per share.
On the same date, it also received notification from Neil Bleasdale, Non Executive Director of the Company, that on 10 July 2008 he bought 26,000 ordinary shares in AEN at 47.75 pence per share.
In each case, the above shares comprise Mr Poli's and Mr Bleasdale's entire holdings of AEN ordinary shares.
Enquiries:
Andes Energia plc | Luis Alvarez Poli, CEO Nigel Duxbury, FD | T: 020 7495 5326 |
Arbuthnot Securities | James Steel Antonio Bossi | T: 020 7012 2000 |
Bishopsgate Communications Limited | Maxine Barnes Nick Rome | T: 020 7562 3350 |
Note to Editors:
Andes is a Latin American energy group, with electricity distribution, hydro-electric power and oil and gas interests in Argentina. The Company's focus is on the Argentinean energy sector, which it believes offers premium assets at undervalued prices.