Director dealings: Jadestone CEO raises stake

Jadestone Energy revealed on Thursday that chief executive Alexander Blakeley had acquired 511,000 ordinary shares in the AIM-listed upstream production company.

Blakeley, who joined Jadestone in 2016, purchased the shares on Wednesday at an average price of 29.0p each, for a total value of £148,190.

Following the transaction, Blakeley holds a beneficial interest in 5.54m ordinary Jadestone shares, representing approximately 1.01% of the company's issued share capital.

As of 1630 BST, Jadestone shares were down 2.44% at 28.78p.

Reporting by Iain Gilbert at Sharecast.com

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