Cadogan bosses buy shares

25th May 2011 17:18

Chief executive Ian Baron and finance boss Gordon Stein have been upping their stakes in oil and gas group Cadogan Petroleum. Baron took 150,000 shares at 42.25p a time, paying a total of £63,375, and now has 650,000. Stein took 68,685 shares at 43p a pop, taking his holding to 193,685.Cadogan said earlier this month that good progress has been made in plans to sell large stakes in its East Ukrainian operations. In April the firm announced plans to sell a 60% interest in its Zagoryanska field and an initial 30% interest in the Pokrovskoe field to Italian energy company Eni SpA. Top Director BuysCadogan Petroleum (CAD) Director name: Mr Ian BaronAmount purchased: 150,000 @ 42.25p Value: £63,375Zenergy Power (ZEN) Director name: Mr Simon CleaverAmount purchased: 331,336 @ 15.00p Value: £49,700Symphony International Holdings Ltd. (SIHL) Director name: Mr Anil ThadaniAmount purchased: 50,000 @ $0.78 Value: $39,000Cadogan Petroleum (CAD) Director name: Mr Gordon Bowman SteinAmount purchased: 68,685 @ 43.00p Value: £29,535China Food Co (CFC) Director name: Mr John McLeanAmount purchased: 50,000 @ 49.00p Value: £24,500Top Director SellsITE Group (ITE) Director name: Mr Edward StrachanAmount sold: 1,500,000 @ 240.74p Value: £3,611,100Ladbrokes (LAD) Director name: Mr Brian G WallaceAmount sold: 37,979 @ 149.90p Value: £56,931Sainsbury (J) (SBRY) Director name: Mr Darren M ShaplandAmount sold: 13,974 @ 341.72p Value: £47,752