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(Sharecast News) - Pantheon Resources revealed on Thursday that non-executive chairman Michael Spencer had five million ordinary shares in the AIM-listed oil and gas exploration and development firm.
Spencer, who took over as chairman in March, purchased the shares at an average price of the shares at an average price of 14.5p each, for a total value of 728,792.60.
Following the transaction, Spencer holds a beneficial interest in 83.99m ordinary Pantheon shares, representing approximately 5.8% of the company's issued share capital.
As of 1530 BST, Pantheon shares had shot up 18.27% to 15.99p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Pantheon Resources (PANR)
Director name: (Michael Spencer) ,Spencer of Alresford
Amount purchased: 2,879,258 @ 15.00p
Value: 431,888.72
Pantheon Resources (PANR)
Director name: (Michael Spencer) ,Spencer of Alresford
Amount purchased: 2,120,742 @ 14.00p
Value: 296,903.88
Ashtead Technology Holdings (AT.)
Director name: Cahuzac,Jean
Amount purchased: 9,500 @ 423.43p
Value: 40,225.75
Touchstar (TST)
Director name: Jones,Lynden
Amount purchased: 50,000 @ 77.00p
Value: 38,500.00
Venture Life Group (VLG)
Director name: McGreevy,Paul
Amount purchased: 48,373 @ 62.00p
Value: 29,991.26
Venture Life Group (VLG)
Director name: McGreevy,Paul
Amount purchased: 15,663 @ 63.80p
Value: 9,992.99
Venture Life Group (VLG)
Director name: McGreevy,Paul
Amount purchased: 8,066 @ 61.90p
Value: 4,992.85
Venture Life Group (VLG)
Director name: McGreevy,Paul
Amount purchased: 8,066 @ 61.90p
Value: 4,992.85
Venture Life Group (VLG)
Director name: McGreevy,Paul
Amount purchased: 8,105 @ 61.60p
Value: 4,992.68
Gran Tierra Energy Inc. (cdi) (GTE)
Director name: Guidry,Gary
Amount purchased: 540 @ $7.81
Value: $3,477.69
Top Director Sells
Applied Nutrition (APN)
Director name: Pollard ,Joseph
Amount sold: 550,000 @ 276.00p
Value: 1,517,999.99
4imprint Group (FOUR)
Director name: Brukwicki ,Michelle
Amount sold: 1,400 @ 3,706.00p
Value: 51,884.00