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Director dealings: Sound Energy chairman raises stake

(Sharecast News) - Sound Energy revealed on Wednesday that non-executive chairman Graham Lyon had acquired 603,093 ordinary shares in the AIM-listed transition energy company. Lyon, who also exercised nil-cost options over 774,094 ordinary Sound Energy shares, purchased the stock on Tuesday at an average price of 2.07p. each, for a total value of £12,498.50.

Following the above transactions, Lyon now holds a beneficial interest in 2.078m Sound Energy shares, representing approximately 0.91% of the company's issued share capital.

As of 1445 BST, Sound Energy shares were untraded at 2.0p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Cqs New City High Yield Fund Limited (NCYF) Director name: Newlands,John Amount purchased: 30,000 @ 51.60p Value: £15,479.70

Sound Energy (SOU) Director name: Lyon ,Graham Amount purchased: 603,093 @ 2.07p Value: £12,498.50

Telecom Plus (TEP) Director name: Godfrey,Gemma Amount purchased: 1,367 @ 725.68p Value: £9,920.11

Greggs (GRG) Director name: Currie,Roisin Amount purchased: 106 @ 1,713.00p Value: £1,815.78

Greggs (GRG) Director name: Currie,Roisin Amount purchased: 112 @ 1,607.00p Value: £1,799.84

Top Director Sells

Frontier Developments (FDEV) Director name: Bevis ,Alex Amount sold: 5,084 @ 403.68p Value: £20,523.09

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