Aminex CEO buys 2m shares following sale of US arm

12th May 2014 15:54

The Chief Executive Officer (CEO) of oil and gas developer Aminex has purchased shares following the long-awaited sale of its US arm on Friday. Jay Bhattacherjee earned 0.77p a share on the £18.80m sale, increasing his total company holding to 38.22m. Meanwhile, Philip Thompson, an Executive Director, added 2m shares to his own stake, spending 0.76p a share at a total of £15,200. Aminex USA was sold to Northcote Energy and Springer Oil and Gas for a total consideration of $5m, while the buyers agreed to inject a minimum of $1m of development capital into the assets which was secured by 100m of Northcote pledged by its largest shareholder. Top Director BuysBank of America Corp. (BAC) Director name: Mr Charles O. Holliday, JrAmount purchased: 22,500 @ $14.80 Value: $333,000Bank of America Corp. (BAC) Director name: Mr Thomas J MayAmount purchased: 17,568 @ $14.80 Value: $260,006Bank of America Corp. (BAC) Director name: Mr Charles K GiffordAmount purchased: 10,811 @ $14.80 Value: $160,003Bank of America Corp. (BAC) Director name: Mr Frank P BrambleAmount purchased: 10,811 @ $14.80 Value: $160,003Bank of America Corp. (BAC) Director name: Ms Linda P Hudson Amount purchased: 10,811 @ $14.80 Value: $160,003Bank of America Corp. (BAC) Director name: Mr Susan S. BiesAmount purchased: 10,810 @ $14.80 Value: $159,988Bank of America Corp. (BAC) Director name: Mr Sharon L AllenAmount purchased: 10,810 @ $14.80 Value: $159,988Bank of America Corp. (BAC) Director name: Mr Jack O Bovender JrAmount purchased: 10,810 @ $14.80 Value: $159,988Bank of America Corp. (BAC) Director name: Mr Arnold W DonaldAmount purchased: 10,810 @ $14.80 Value: $159,988Spirent Communications (SPT) Director name: Mr Ian BrindleAmount purchased: 23,879 @ 98.90p Value: £23,616NR