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