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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Cadogan Energy CEO raises stake

(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

Top Director Buys

Cadogan Energy Solutions (CAD) Director name: Khallouf,Fady Amount purchased: 3,325,000 @ 2.60p Value: £86,450.00

Rolls-royce Holdings (RR.) Director name: Strank,Angela Amount purchased: 5,643 @ 351.75p Value: £19,849.25

Ecofin Global Utilities And Infrastructure Trust (EGL) Director name: Nicklin ,Susannah Amount purchased: 1,684 @ 147.65p Value: £2,486.46

Top Director Sells

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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