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Cadogan Petroleum ( (GB:CAD) ) has provided an update.
Cadogan Energy Solutions has announced that its Chairman, Mr. Michel Meeus, has purchased 890,000 ordinary shares, increasing his total holding to 25,023,651 shares, which represents 10.25% of the company. This acquisition highlights a considerable confidence in the company’s future prospects as Cadogan continues to expand its energy projects and services, positioning itself as an influential player in the Western Ukraine energy sector.
More about Cadogan Petroleum
Cadogan Energy Solutions plc is an independent energy company that operates an exploration and production license in Western Ukraine. The company is involved in gas trading operations and provides services to E&P companies. Cadogan is also developing several power generation projects in Western Ukraine, aiming to become a diversified energy group offering energy solutions and alternative services with a lower environmental impact.
YTD Price Performance: 120.0%
Average Trading Volume: 831,504
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £9.4M
See more data about CAD stock on TipRanks’ Stock Analysis page.
