LONDON (ShareCast) - (ShareCast News) - The chairman of Thalassa Holdings bought some shares for the second consecutive month showing confidence in the group which has been facing challenging conditions due to the recent upheaval in the oil market.
Charles Soukup purchased 50,000 shares for 51p each, spending a total of £25,000.

Following the transaction, Soukup, the founding shareholder and chairman of Thalassa, holds 3.49m shares in the group, which represent 14.1% of its total voting rights.

The company last month reported a full-year pre-tax loss of $12.23m compared with profit of $4.96m a year earlier and revenue declined 49.1% to $15.5m, as companies' exploration budgets were slashed with the oil industry being rocked by staff cuts, disposals and equipment write-downs following the collapse in the price of oil starting at the end of last year.

Top Director Buys

Thalassa Holdings Ltd. (DI) (THAL)
Director name: Mr Charles Duncan Soukup
Amount purchased: 50,000 @ 51.00p
Value: £25,500

Anglo American (AAL)
Director name: Mr Phuthuma F. Nhleko
Amount purchased: 1,490 @ 867.50p
Value: £12,926

Anglo American (AAL)
Director name: Mr Jim Rutherford
Amount purchased: 1,458 @ 867.50p
Value: £12,648

Top Director Sells

Bacit Limited (BACT)
Director name: Mr Thomas Henderson
Amount sold: 5,000,000 @ 128.50p
Value: £6,425,000

Thomas Cook Group (TCG)
Director name: Mr Michael Healy
Amount sold: 271,847 @ 125.24p
Value: £340,461

Thomas Cook Group (TCG)
Director name: Mr Peter Fankhauser
Amount sold: 170,833 @ 125.24p
Value: £213,951

Connect Group (CNCT)
Director name: Mr Nicholas Gresham
Amount sold: 135,475 @ 148.00p
Value: £200,503

Thomas Cook Group (TCG)
Director name: Mr Peter Fankhauser
Amount sold: 133,402 @ 125.24p
Value: £167,073

Premier African Minerals Ltd (PREM)
Director name: Ms Pamela Shannon Hueston
Amount sold: 1,900,000 @ 2.24p
Value: £42,560

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