Cluff Natural Resources Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea gas basin, a nnounces that a Director, a family member of another Director on his behalf and a person discharging managerial responsibilities of the Company purchased a total of 2,668,438 ordinary shares in the Company on 20 April 2020, at an average price of 0.83 pence, equating to an aggregate value of £22,168. Details of these share purchases and the resultant shareholdings are shown below:
Director/Senior manager |
Role |
Number of ordinary shares purchased |
Resultant number of ordinary shares held |
Percentage of voting rights held |
Graham Swindells |
Chief Executive |
1,500,000 |
2,394,836 |
0.17% |
Mark Lappin* |
Non-Executive Chairman |
588,496* |
1,174,887** |
0.08%** |
Sarah McLeod |
Chief Financial Officer |
579,942 |
579,942 |
0.04% |
* 588,496 ordinary shares were purchased by Sarah Lappin, Mr Lappin's wife, on his behalf. Sarah Lappin is deemed to be a 'person closely associated' with Mr Lappin as defined in the FCA's Market Abuse Regulation.
**Includes 571,430 ordinary shares held by Mr Lappin in his own name.