Director dealings: Cadogan Energy CEO raises stake

23rd Feb 2024 13:24

(Sharecast News) - Cadogan Energy Solutions revealed on Friday that chief executive Fady Khallouf had acquired 3.32m ordinary shares in the UK-based energy company.

Khallouf, who previously served as CEO of the Euronext-listed Futuren, purchased the shares on Wednesday at an average price of 2.60p each, for £86,450.

Following the transaction, Khallouf holds a beneficial interest in 17.45m ordinary Cadogan shares, representing roughly 7.15% of the company's issued share capital.

As of 1610 GMT, Cadogan shares were up 3.57% at 2.90p.

Reporting by Iain Gilbert at Sharecast.com

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Director name: Khallouf,Fady

Amount purchased: 3,325,000 @ 2.60p

Value: £86,450.00

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