Director dealings: Energean co-founder ups stake via OilCo

Energean

987.50p

15:39 15/11/24

0.25%

2.50p

Energean revealed on Monday that non-executive director Efstathios Topouzoglou had acquired 10,000 ordinary shares in the FTSE 250-listed exploration and production group via his interest in OilCo Investments.

FTSE 250

20,508.75

15:45 15/11/24

n/a

FTSE 350

4,453.56

15:45 15/11/24

n/a

FTSE All-Share

4,411.85

15:45 15/11/24

n/a

Oil & Gas Producers

8,043.72

15:45 15/11/24

1.32%

105.17

Topouzoglou, one of Energean's founding partners, purchased the shares through OilCo on Thursday at an average price of 574.0p each, for a total value of £57,400.

On Friday, Energean said it had agreed to buy a field support vessel from Prime Marine Energy for $33.25m.

The vessel, which is being constructed, will provide in-country capability to support Energean's Karish project offshore Israel, including floating production, storage and offloading vessel re-supply, crew changes, holdback operations for tanker offloading, emergency subsea intervention, drilling support and emergency response.

As of 1630 BST, Energean shares were down 2.33% at 548.80p.

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