Hargreaves Lansdown

Director dealings: Trinity Exploration chairman makes share sale

Wed 12 August 2020 16:03 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Trinity Exploration & Production revealed on Wednesday that chairman Bruce Dingwall had sold 1.74m ordinary shares in the AIM-listed oil company.

Dingwall, who founded Trinity in 2005, sold the shares on Tuesday at an average price of 8.80p each, for a total value of £153,627.94.

Trinity's chairman had exercised options over 3.12m ordinary shares earlier in the day and made the sale in order to cover tax liabilities.

Back in June, Trinity Exploration said it was on track to break even in 2020 following a "strong operational and financial performance" during the prior year.

Trinity said its breakeven price, including hedging income, was $20.5 per barrel - versus a year to date average oil price realisation of $36.4 a barrel and a current West Texas Intermediate oil price of $37.96 per barrel.

As of 1650 BST, Trinity shares were down 2.95% at 8.54p.

Top Director Buys

Hammerson (HMSO)

Director name: de Beer,Desmond (Des)

Amount purchased: 507,357 @ 46.23p

Value: £234,551.14

Hammerson (HMSO)

Director name: de Beer,Desmond (Des)

Amount purchased: 207,502 @ 46.19p

Value: £95,845.17

K3 Business Technology Group (KBT)

Director name: Manley ,Jonathan

Amount purchased: 27,260 @ 110.00p

Value: £29,986.00

Hammerson (HMSO)

Director name: de Beer,Desmond (Des)

Amount purchased: 55,583 @ 45.76p

Value: £25,434.78

Permanent Tsb Group Holdings (IL0A)

Director name: Crowley ,Eamonn

Amount purchased: 50,000 @ 0.50

Value: 24,880.00

Rockrose Energy (RRE)

Director name: Benmore,Richard

Amount purchased: 53 @ 853.67p

Value: £452.44

Rockrose Energy (RRE)

Director name: Morrow,John

Amount purchased: 53 @ 853.67p

Value: £452.44

Rockrose Energy (RRE)

Director name: Austin,Andrew

Amount purchased: 53 @ 853.67p

Value: £452.44

Rockrose Energy (RRE)

Director name: Mann,Peter

Amount purchased: 53 @ 853.67p

Value: £452.44

Rockrose Energy (RRE)

Director name: Slape,Richard

Amount purchased: 52 @ 853.67p

Value: £443.91

Schroders (SDR)

Director name: Keers,Richard

Amount purchased: 7 @ 2,977.40p

Value: £208.42

Schroders (SDR)

Director name: Harrison ,Peter

Amount purchased: 7 @ 2,977.40p

Value: £208.42

Zotefoams (ZTF)

Director name: McGrath ,Gary

Amount purchased: 37 @ 410.00p

Value: £151.70

Meggitt (MGGT)

Director name: Wood,Tony

Amount purchased: 50 @ 297.00p

Value: £148.50

Zotefoams (ZTF)

Director name: Stirling,David

Amount purchased: 36 @ 410.00p

Value: £147.60

Imi (IMI)

Director name: Twite,Roy

Amount purchased: 12 @ 1,072.00p

Value: £128.64

Imi (IMI)

Director name: Shook ,Daniel

Amount purchased: 12 @ 1,072.00p

Value: £128.64

Top Director Sells

Jtc (JTC)

Director name: Holley,Wendy

Amount sold: 50,952 @ 487.50p

Value: £248,391.00

Jtc (JTC)

Director name: Holley,Wendy

Amount sold: 47,010 @ 490.30p

Value: £230,491.91

Trinity Exploration & Production (TRIN)

Director name: Dingwall,Bruce

Amount sold: 1,745,772 @ 8.80p

Value: £153,627.94

Aggreko (AGK)

Director name: Drewett,Heath

Amount sold: 15,871 @ 441.80p

Value: £70,118.08

Jtc (JTC)

Director name: Holley,Wendy

Amount sold: 12,203 @ 490.45p

Value: £59,849.61

Physiomics (PYC)

Director name: Millen,James Simon

Amount sold: 597,332 @ 6.45p

Value: £38,527.91

Quilter (QLT)

Director name: Feeney,Paul

Amount sold: 13,604 @ 149.90p

Value: £20,391.96

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More directors dealings from ShareCast

    Latest economy and stock market articles