Pharos Energy PLC announced that its Chief Financial Officer, Sue Rivett, purchased 3,682 ordinary shares of £0.05 each at a price of £0.264840 per share. This acquisition was made on the open market as part of a trading plan entered into on 19 April 2022. Following this purchase, Sue Rivett now holds a total of 380,621 shares, representing 0.091% of the company's issued capital, excluding treasury shares.
Pharos Energy PLC is an independent oil and gas exploration and production company listed on the London Stock Exchange. The company focuses on sustainable growth and returns to stakeholders, with production, development, and exploration interests in Egypt and Vietnam. In Egypt, Pharos holds working interests in the El Fayum Concession and the North Beni Suef (NBS) Concession, both operated by IPR Lake Qarun. In Vietnam, the company has working interests in Block 16-1 and Block 9-2, operated by the Hoang Long Joint Operating Company and the Hoan Vu Joint Operating Company, respectively. Additionally, Pharos holds a 70% interest in Blocks 125 & 126, located offshore central Vietnam.
This information was provided by Pharos Energy PLC, and for further details, the company can be contacted at Tel: 0207 603 1515.