Provaris Energy Director Buys Company Shares

Provaris Energy Ltd (AU:PV1) has released an update.

Provaris Energy Ltd has reported a notable increase in director Martin Carolan’s stake in the company, with a purchase of 500,000 ordinary shares at $0.02 per share, reflecting a direct and indirect interest. This transaction has raised Carolan’s total holdings to 17,500,000 ordinary shares and 625,000 unlisted options. The acquisition, which took place on the market, signals a boost in the director’s confidence in the firm’s prospects.

For further insights into AU:PV1 stock, check out TipRanks’ Stock Analysis page.