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Director dealings: Energean CFO lowers stake via Adobelero

(Sharecast News) - Energean revealed on Thursday that chief financial officer Panagiotis Benos had disposed of 1.6m ordinary shares in the FTSE 250-listed exploration and production firm. Benos, who took over as CFO in 2011, disposed of the shares on Tuesday via Adobelero Holdings for an average price of 895.00p, for a total value of £14.31m.

Following the sale, Benos holds a beneficial interest in 2.35m ordinary Energean shares, representing approximately 1.28% of the company's issued share capital.

As of 1535 BST, Energean shares were down 1.84% at 932.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Oryx International Growth Fund Ltd. (OIG) Director name: Mills,Christopher Amount purchased: 5,000 @ 1,225.00p Value: £61,250.00

Built Cybernetics (BUC) Director name: Clark,Nicholas Â'NickÂ' Amount purchased: 2,000,000 @ 2.30p Value: £46,000.00

Oriole Resources (ORR) Director name: Carr,Eileen Amount purchased: 15,000,000 @ 0.21p Value: £30,990.00

Built Cybernetics (BUC) Director name: Clark,Nicholas Â'NickÂ' Amount purchased: 600,000 @ 2.30p Value: £13,800.00

Oriole Resources (ORR) Director name: Smeeton,Robert Amount purchased: 3,773,584 @ 0.21p Value: £7,924.53

Oriole Resources (ORR) Director name: Bay,Claire Amount purchased: 937,759 @ 0.21p Value: £1,988.05

Top Director Sells

Energean (ENOG) Director name: Benos,Panagiotis Amount sold: 1,600,000 @ 895.00p Value: £14,319,999.69

Built Cybernetics (BUC) Director name: Clark,Nicholas Â'NickÂ' Amount sold: 2,000,000 @ 2.30p Value: £46,000.00

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 10,000 @ 347.00p Value: £34,700.00

Built Cybernetics (BUC) Director name: Clark,Nicholas Â'NickÂ' Amount sold: 600,000 @ 2.30p Value: £13,800.00

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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.