Directors dealings: Sound Energy boss, non-exec pick up shares

Sound Energy's boss, James Parsons, added to his stake in the Africa and Europe-focused upstream gas outfit.

Parsons made off with 44,522 shares in the company at an indiviual price of 67.37p on 16 December, the company said in a statement.

The total value of the transaction was £29,994.47.

That saw his total stake rise to 1.64m shares, which was equivalent to a stake of 0.25% in the firm's equity.

In parallel, Greenbery, an affiliate of Continental Investment Partners, in which Marco Fumagalli, one of Sound Energy's non-executive directors, was a managing partner and in which he held a 25% stake bought 774,387 shares at an individual price of 68.15p.

On the day before, Sound Energy said the extended well test at the TE-7 well at its 27.5%-owned Tendrara licence, onshore Morocco, was ongoing and expected to confirm production sustainability and aid field development planning.

Top Director Buys

Sound Energy (SOU)
Director name: Fumagalli,Marco
Amount purchased: 774,387 @ 68.15p
Value: £527,744.75

Arrow Global Group (ARW)
Director name: Rochford,Lee
Amount purchased: 174,928 @ 283.84p
Value: £496,515.62

Nex Group (NXG)
Director name: Bridges,Stuart J
Amount purchased: 35,000 @ 485.43p
Value: £169,900.68

Schroder Japan Growth Fund (SJG)
Director name: Gibbs,Alan
Amount purchased: 52,330 @ 187.70p
Value: £98,223.93

Sound Energy (SOU)
Director name: Parsons,James
Amount purchased: 44,522 @ 67.37p
Value: £29,994.47

Carclo (CAR)
Director name: Malley ,Chris
Amount purchased: 16,000 @ 129.06p
Value: £20,649.60

El Oro Ltd (ELX)
Director name: Parish,C. Robin W.
Amount purchased: 28,600 @ 70.00p
Value: £20,020.00

Nichols (NICL)
Director name: Gittins,John
Amount purchased: 1,280 @ 1,558.00p
Value: £19,942.40

Pci-pal (PCIP)
Director name: Catchpole,William
Amount purchased: 49,847 @ 40.00p
Value: £19,938.80

Pci-pal (PCIP)
Director name: Forsyth,Geoffrey
Amount purchased: 49,847 @ 40.00p
Value: £19,938.80

El Oro Ltd (ELX)
Director name: Parish,C. Robin W.
Amount purchased: 18,000 @ 72.00p
Value: £12,960.00

Aggreko (AGK)
Director name: Nicola Brewer,Dame
Amount purchased: 450 @ 86.53p
Value: £389.38

Bae Systems (BA.)
Director name: Bramwell,Philip
Amount purchased: 26 @ 590.00p
Value: £153.40

Kingfisher (KGF)
Director name: Witts,Karen
Amount purchased: 44 @ 340.21p
Value: £149.69

Top Director Sells

Utilitywise Plc (UTW)
Director name: Feigen,Richard
Amount sold: 58,675 @ 190.00p
Value: £111,482.50

Carclo (CAR)
Director name: Malley ,Chris
Amount sold: 16,000 @ 128.00p
Value: £20,480.00