Galilee Energy Director Increases Shareholding

Galilee Energy Limited (AU:GLL) has released an update.

Galilee Energy Limited has announced a change in the interests of Director Gordon Thomas Grieve following his participation in an Entitlement Offer and Shortfall take-up under a Sub-Underwriting agreement. The transactions resulted in Grieve acquiring an additional 87,046 ordinary shares through the Entitlement Offer and 1,068,572 shares through the Entitlement Offer Shortfall, priced at $0.012 per share. Post-transaction, Grieve holds a total of 278,546 and 1,250,391 ordinary shares indirectly through two entities.

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