Harbour Energy PLC has announced that Louise Hough, Independent Non-Executive Director, has purchased 6,800 ordinary shares in the company at an average price of 288.9 pence per Ordinary Share. The transaction was conducted on April 12, 2024. This notification is in accordance with the requirements of Article 19(3) of MAR.
Louise Hough, as an Independent Non-Executive Director, has purchased the ordinary shares, indicating confidence in the company's performance and future prospects. The purchase of shares by a person discharging managerial responsibilities is often seen as a positive signal by investors and the market.
The transaction details, including the nature of the transaction, the price, volume, and date of the transaction, have been provided in accordance with regulatory requirements. The purchase of ordinary shares by a person closely associated with the company is an important event that may influence market sentiment and investor confidence.
This announcement provides transparency and fulfills the regulatory obligation to disclose transactions of persons discharging managerial responsibilities within the company. It also serves as a public declaration of the director's investment in the company, which can be viewed as a vote of confidence in Harbour Energy PLC's future performance.