Harbour Energy PLC announced that Alexander Krane, the Chief Financial Officer, acquired 4,963.56 Ordinary Shares in the company through a Dividend Reinvestment Plan (DRIP). The transaction was made in accordance with the requirements of the Market Abuse Regulation. The shares were purchased at a price of £3.04 per share on May 28, 2024. The notification provides detailed information about the transaction, including the nature of the acquisition and the identification code for the ordinary shares.
This notification of the transaction was made in accordance with the requirements of Article 19(3) of MAR. The company provided contact information for investor relations and the company secretary for any enquiries related to the transaction. The details of the transaction, including the name of the person discharging managerial responsibilities, the nature of the transaction, and the date and place of the transaction, were all disclosed in the announcement.
The acquisition of the ordinary shares by the Chief Financial Officer through participation in the DRIP demonstrates confidence in the company's performance and future prospects. This transaction provides transparency and aligns with regulatory requirements, ensuring that all relevant details are disclosed to the public and stakeholders. The company's commitment to compliance and transparency is evident in the thorough disclosure of the transaction details.
The acquisition of shares by a key member of the management team underlines a positive sentiment towards the company's growth and potential. This news reflects the company's ongoing efforts to keep stakeholders informed about significant developments within the organization. The acquisition of shares through the DRIP also highlights the company's commitment to maximizing shareholder value and aligning the interests of management with those of the shareholders.