Director dealings: Challenger Energy chairman ups stake

Challenger Energy revealed on Monday that chair Iain McKendrick had acquired 35.45m ordinary shares in the AIM-listed oil and gas company.

McKendrick, who formerly served as the chairman of Iona Energy, purchased the shares on Friday at an average price of 0.14p each, for a total value of £49,750.24.

Following the transaction, McKendrick holds a total of 84.45m ordinary Challenger shares, representing approximately 0.8% of the company's issued share capital.

As of 1600 BST, Challenger shares were down 0.36% at 0.14p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Pearson (PSON)
Director name: Kordestani,Omid
Amount purchased: 7,259 @ $12.47
Value: $74,642.54

Challenger Energy Group (CEG)
Director name: McKendrick,Iain
Amount purchased: 35,459,904 @ 0.14p
Value: £49,750.24

(ART)
Director name: Hunter,Mark Roderick
Amount purchased: 124,260 @ 38.50p
Value: £47,840.10

Pearson (PSON)
Director name: Pitkethly,Graeme
Amount purchased: 1,611 @ 985.20p
Value: £15,871.57

Pearson (PSON)
Director name: Coutu,Sherry
Amount purchased: 957 @ 985.20p
Value: £9,428.36

Pristine Capital (PRIS)
Director name: Sinclair,Neil
Amount purchased: 800,000 @ 0.55p
Value: £4,400.00

Pearson (PSON)
Director name: Wallen,Lincoln
Amount purchased: 430 @ 985.20p
Value: £4,236.36

Pearson (PSON)
Director name: Lee,Esther
Amount purchased: 389 @ $12.47
Value: $3,999.99

Pearson (PSON)
Director name: Thomas,Annette
Amount purchased: 383 @ 985.20p
Value: £3,773.32

Pearson (PSON)
Director name: Hardiman ,Alex
Amount purchased: 323 @ $12.47
Value: $3,321.33

Pearson (PSON)
Director name: Dolan,Alison
Amount purchased: 298 @ 985.20p
Value: £2,935.90

Mortgage Advice Bureau (holdings) (MAB1)
Director name: Imlach,Nathan James McLean
Amount purchased: 254 @ 835.00p
Value: £2,120.90

Top Director Sells

Halma (HLMA)
Director name: Ronchetti,Marc
Amount sold: 7,162 @ 2,680.00p
Value: £191,941.59

Halma (HLMA)
Director name: Ward,Jennifer
Amount sold: 5,738 @ 2,680.00p
Value: £153,778.40