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Director dealings: Jadestone CEO snaps up shares

(Sharecast News) - Jadestone Energy revealed on Wednesday that chief executive Alexander Blakeley had acquired 443,100 ordinary shares in the AIM-listed upstream production company.

Blakeley, who joined Jadestone in 2016, purchased the shares on Tuesday at an average price of 24.25p each, for a total value of £107,451.75.

Following the transaction, Blakeley holds a beneficial interest in 5.89m ordinary Jadestone shares, representing approximately 1.09% of the company's issued share capital.

As of 1615 GMT, Jadestone Energy shares were up 1.24% at 24.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

(CABP) Director name: Cairns,Ann Amount purchased: 400,000 @ 72.86p Value: £291,420.01

Jadestone Energy (JSE) Director name: Blakeley,Alexander Paul Amount purchased: 443,100 @ 24.25p Value: £107,451.75

3i Infrastructure (3IN) Director name: Fernandes ,Milton Amount purchased: 14,823 @ 337.31p Value: £49,998.78

Ensilica (ENSI) Director name: Tilston,David Frank Amount purchased: 55,000 @ 42.00p Value: £23,100.00

Altona Rare Earths (REE) Director name: Simonet,Cedric Amount purchased: 800,000 @ 1.42p Value: £11,360.00

Slf Realisation Fund Limited Npv (SLFR) Director name: Miller,Brett Lance Amount purchased: 750,000 @ 1.00p Value: £7,500.00

Altona Rare Earths (REE) Director name: Adrian,Louise Amount purchased: 337,680 @ 1.47p Value: £4,963.90

Altona Rare Earths (REE) Director name: Adrian,Louise Amount purchased: 344,668 @ 1.44p Value: £4,963.22

Altona Rare Earths (REE) Director name: Adrian,Louise Amount purchased: 344,668 @ 1.44p Value: £4,963.22

Altona Rare Earths (REE) Director name: Simonet,Cedric Amount purchased: 99,999 @ 1.45p Value: £1,449.99

Top Director Sells

M. P. Evans Group (MPE) Director name: Sekaran,K Chandra Amount sold: 4,050 @ 920.26p Value: £37,270.53

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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.