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Director dealings: Petrofac chairman ups stake

(Sharecast News) - Petrofac revealed on Friday that chairman René Médori had acquired 75,820 ordinary shares in the London-listed energy services company. Médori, who previously served as Anglo American's finance director, purchased the shares on Thursday at an average price of 26.38p each, for a total value of £19,999.95.

Following the transaction, Médori holds in interest in 660.040 ordinary Petrofac shares.

As of 1600 BST, Petrofac shares were down 2.71% at 25.10p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Petrofac Ltd. (PFC) Director name: Medori,Rene Amount purchased: 75,820 @ 26.38p Value: £19,999.95

Empyrean Energy (EME) Director name: Laycock,John Amount purchased: 3,100,000 @ 0.64p Value: £19,716.00

Pci-pal (PCIP) Director name: Wilson,Simon Amount purchased: 30,000 @ 56.80p Value: £17,040.00

Pci-pal (PCIP) Director name: Barham,James Amount purchased: 26,820 @ 56.50p Value: £15,153.30

Apax Global Alpha Limited (APAX) Director name: Breedon,Tim J Amount purchased: 8,000 @ 145.50p Value: £11,640.00

Petrofac Ltd. (PFC) Director name: Carlo,Francesca Di Amount purchased: 18,955 @ 26.38p Value: £4,999.99

Petrofac Ltd. (PFC) Director name: Asfari,Ayman Amount purchased: 18,955 @ 26.38p Value: £4,999.99

Petrofac Ltd. (PFC) Director name: Davies ,David Amount purchased: 18,955 @ 26.38p Value: £4,999.99

Petrofac Ltd. (PFC) Director name: Akbar,Sara Amount purchased: 18,955 @ 26.38p Value: £4,999.99

Petrofac Ltd. (PFC) Director name: Bichsel,Matthias Amount purchased: 18,955 @ 26.38p Value: £4,999.99

Touchstone Exploration Inc Npv (di) (TXP) Director name: Baay,Paul R. Amount purchased: 7,037 @ $0.89 Value: $3,705.22

Top Director Sells

Midwich Group (MIDW) Director name: Lamb,Stephen Amount sold: 115,545 @ 413.00p Value: £477,200.86

International Personal Finance (IPF) Director name: Ryan,Gerard Amount sold: 381,689 @ 109.24p Value: £416,941.80

Drax Group (DRX) Director name: Gardiner,Will Amount sold: 28,412 @ 489.10p Value: £138,963.44

Drax Group (DRX) Director name: Skelton ,Andy Amount sold: 15,869 @ 489.10p Value: £77,615.47

Gateley (holdings) (GTLY) Director name: Smith,Neil Andrew Amount sold: 40,000 @ 126.00p Value: £50,400.00

Gateley (holdings) (GTLY) Director name: Waldie,Rod Amount sold: 40,000 @ 126.00p Value: £50,400.00

M. P. Evans Group (MPE) Director name: Coulson,Matthew Amount sold: 4,649 @ 808.00p Value: £37,563.92

Gateley (holdings) (GTLY) Director name: Garrad,Victoria Amount sold: 20,000 @ 126.00p Value: £25,200.00

Gateley (holdings) (GTLY) Director name: Garrad,Victoria Amount sold: 20,000 @ 126.00p Value: £25,200.00

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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