Teathers invests £50,000 in San Leon Energy

8th Jun 2015 10:30

Teathers Financial said on Monday that it has invested £50,000 in cash in San Leon Energy's placing and share capital reorganisation by purchasing 62,500 shares at 80p each.Jason Drummond, executive chairman of Teathers, said: "We are delighted to make another investment in line with our Investing Policy and look forward to providing further updates to shareholders in due course. ""We are now looking to build up our portfolio with longer-term investments and we believe our investment in SLE fits this criterion," he added.At 10:43, Teathers shares were down 1.5% at 3.57p.