Director dealings: Hurricane Energy investor offloads 51.0m shares
Updated : 16:52
Hurricane Energy revealed on Wednesday that Kerogen Investments, a company closely associated with non-executive director Roy Kelly, had disposed of 110m ordinary shares in the UK-based oil and gas company.
Kerogen, which continues to be a major shareholder in Hurricane with a 16% interest in the AIM-listed natural resources firm, disposed of the shares at an average price of 46.50p each, for a total value of £51.15m.
The transaction represents approximately a quarter of Kerogen's current holding.
As of 1620 BST, Hurricane shares had slumped 6.71% to 47.11p.
Top Director Buys
Accsys Technologies (AXS)
Director name: Anthony Clegg ,Paul Hugh
Amount purchased: 441,307 @ 114.00p
Value: £503,089.97
Cropper (james) (CRPR)
Director name: Cropper,Mark A J
Amount purchased: 39,000 @ 1,050.00p
Value: £409,500.00
Cropper (james) (CRPR)
Director name: Wild,Phil
Amount purchased: 6,000 @ 1,050.00p
Value: £63,000.00
Gateley (holdings) (GTLY)
Director name: Payne,Nigel Terrence
Amount purchased: 14,992 @ 166.75p
Value: £24,999.16
Angus Energy (ANGS)
Director name: Fernandes,Carlos Dos Santos
Amount purchased: 1,080,109 @ 1.83p
Value: £19,755.19
Cropper (james) (CRPR)
Director name: Cropper,Mark A J
Amount purchased: 1,400 @ 1,050.00p
Value: £14,700.00
Karelian Diamond Resources (KDR)
Director name: Conroy,Richard
Amount purchased: 250,000 @ 3.86p
Value: £9,650.00
Karelian Diamond Resources (KDR)
Director name: Conroy,Richard
Amount purchased: 250,000 @ 3.70p
Value: £9,250.00
Karelian Diamond Resources (KDR)
Director name: Conroy,Richard
Amount purchased: 250,000 @ 3.50p
Value: £8,750.00
Anglo American (AAL)
Director name: O'Neill ,Tony
Amount purchased: 7 @ 2,178.50p
Value: £152.49
Anglo American (AAL)
Director name: Cutifani,Mark
Amount purchased: 7 @ 2,178.50p
Value: £152.49
Anglo American (AAL)
Director name: Pearce,Stephen
Amount purchased: 7 @ 2,178.50p
Value: £152.49
Victrex Plc (VCT)
Director name: Cooper,Timothy (Tim) J
Amount purchased: 6 @ 2,026.00p
Value: £121.56
Victrex Plc (VCT)
Director name: Court ,Martin
Amount purchased: 6 @ 2,026.00p
Value: £121.56
Top Director Sells
Hurricane Energy (HUR)
Director name: Kelly,Roy
Amount sold: 110,000,000 @ 46.50p
Value: £51,150,000.39
Accsys Technologies (AXS)
Director name: Anthony Clegg ,Paul Hugh
Amount sold: 441,307 @ 113.98p
Value: £503,001.70