News Oil & Gas

Reabold co-CEOs buy 170m shares

Reabold Resources plc’s co-chief executive officers today purchased in total 169,906,363 ordinary shares in the company.

Gas: interests in England, Western Romania, California and Italy (Pixabay)

OWNERSHIP

Sachin Oza purchased 79,000,000 ordinary shares at 0.0625 pence per share for £49,375.

Mr Oza, along with persons closely associated with him, now owns 298,720,298 ordinary shares, representing 2.93% of the company’s issued share capital.

Stephen Williams bought 90,906,363 ordinary shares each at 0.055 pence for £49,998.

Mr Williams, and persons closely associated with him, now owns 178,211,060 ordinary shares (1.75%).

Reabold owns gas interests in the UK (West Newton), Western Romania, California and Italy.