LONDON (ShareCast) - (ShareCast News) - The chairman of Mx Oil bought 2.25m shares in the company one day after announcing the group has started drilling in an offshore in Nigeria.
Andrew Frangos purchased 2.25m shares for an individual price of 3.9p, spending a total of £87,750 in the transaction.

As a result, Frangos, who is also the non-executive chairman of North American Petroleum and the co-founder of UK Bond Network, holds 0.59% of the company's issued share capital.

The oil and gas investment company said on Monday its drilling of the Aje 5 production well in Nigeria has commenced.

Top Director Buys

Frontera Resources Corporation (DI) (FRR)
Director name: Mr Steve C Nicandros
Amount purchased: 11,079,417 @ 0.80p
Value: £88,635

Frontera Resources Corporation (DI) (FRR)
Director name: Mr Zaza Mamulaishvili
Amount purchased: 11,079,417 @ 0.80p
Value: £88,635

MX Oil (MXO)
Director name: Mr Andrew Frangos
Amount purchased: 2,250,000 @ 3.90p
Value: £87,750

LondonMetric Property (LMP)
Director name: Mr Mark Stirling
Amount purchased: 15,200 @ 161.04p
Value: £24,478

Frontera Resources Corporation (DI) (FRR)
Director name: Mr Stephen E McGregor
Amount purchased: 2,014,440 @ 0.80p
Value: £16,116

K&C Reit (KCR)
Director name: Mr Patricia M (Farley) Preston
Amount purchased: 100,000 @ 10.00p
Value: £10,000

Top Director Sells

ECO Animal Health Group (EAH)
Director name: Ms Julia Trouse
Amount sold: 343,460 @ 305.00p
Value: £1,047,553

Sepura (SEPU)
Director name: Mr Gordon Watling
Amount sold: 427,170 @ 155.70p
Value: £665,104

Sepura (SEPU)
Director name: Mr Steve Chamberlain
Amount sold: 115,148 @ 155.70p
Value: £179,285

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