Afentra COO adjusts shareholdings, no major change

Published 20/05/2025, 10:18
Afentra COO adjusts shareholdings, no major change

LONDON - Afentra PLC, the AIM-listed upstream oil and gas company, has disclosed transactions by its Chief Operating Officer, Ian Cloke, and his closely associated person, Elizabeth Bingham. According to a statement released on May 20, 2025, there was a transfer of ordinary shares into ISA and trading accounts.

Ian Cloke sold 103,158 ordinary shares at a price of 39.57 pence per share on May 16, 2025, and subsequently purchased 49,732 shares for his ISA at 40.02 pence each and 2,937 shares for his trading account at 40.71 pence each. Meanwhile, Elizabeth Bingham, who is Cloke’s wife and is considered a person closely associated with him, bought 48,694 ordinary shares for her ISA at 40.23 pence per share.

Following these transactions, the combined shareholding of Ian Cloke and associated persons stands at 3,923,749 ordinary shares, equating to approximately 1.74% of Afentra’s issued share capital. This represents no material change to their total aggregate shareholding prior to the aforementioned transactions.

Afentra, with a focus on opportunities in Africa, holds interests in various oil and gas blocks both offshore and onshore in Angola and Somaliland. The company’s stated aim is to support a responsible energy transition in Africa by partnering with divesting International Oil Companies (IOCs) and Host Governments.

These transactions were conducted on the London Stock Exchange (LON:LSEG) with the sale taking place on the main market (XLON) and the purchase in the off-exchange market (XOFF). The information provided is based on a press release statement from Afentra PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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