Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks IPOs and placings
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Director dealings: Energean CEO sells 5m shares to institutional investors
(Sharecast News) - Energean found itself on both sides of the ledger on Friday, after it disclosed transactions linked to both its chief executive officer and its chair. The FTSE 250 company said Growthy Holdings, owned by CEO Mathios Rigas, sold five million shares in the company on Thursday, in an accelerated bookbuild with institutional investors.
Growthy sold the shares for 1,106p each, netting it a total of £55,300,002.10 for the 2.8% holding in Energean.
"Mr Rigas remains fully committed to the business and is confident in the outlook for Energean," the board said in its statement to the market.
"Following completion of the Sale, Mr Rigas will remain a significant shareholder in Energean owning - directly or indirectly- approximately 15 million shares of the company, representing approximately 8.5% of the company's issued share capital."
One of the investors involved in purchasing the shares was Energean's chair Karen Simon, the firm said in a separate disclosure.
Simon bought 34,000 shares for the 1,106p price, spending a total of £376,040.01.
Reporting by Josh White at Sharecast.com.
Top Director Buys
Assetco (ASTO) Director name: Mills,Christopher Amount purchased: 80,114 @ 720.00p Value: £576,820.78
Energean (ENOG) Director name: Simon,Karen Amount purchased: 34,000 @ 1,106.00p Value: £376,040.01
Wickes Group (WIX) Director name: Wood,David Amount purchased: 58,523 @ 170.00p Value: £99,489.10
Assetco (ASTO) Director name: Fleming,Campbell Amount purchased: 8,330 @ 723.00p Value: £60,225.90
Assetco (ASTO) Director name: McKellar,Peter Amount purchased: 8,330 @ 723.00p Value: £60,225.90
Assetco (ASTO) Director name: Dawson,Jonathan Amount purchased: 8,330 @ 723.00p Value: £60,225.90
Assetco (ASTO) Director name: Gilbert,Martin J Amount purchased: 8,330 @ 723.00p Value: £60,225.90
Discoverie Group (DSCV) Director name: Gibbins ,Simon Amount purchased: 3,297 @ 601.01p Value: £19,815.30
Discoverie Group (DSCV) Director name: Jefferies,Nicholas Amount purchased: 3,297 @ 601.01p Value: £19,815.30
Fireangel Safety Technology Group (FA.) Director name: Conoley,John Amount purchased: 45,446 @ 10.98p Value: £4,989.97
Top Director Sells
Energean (ENOG) Director name: Rigas,Matthaios Amount sold: 5,000,000 @ 1,106.00p Value: £55,300,002.10
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
