Galilee Energy Director’s Shareholding Increases

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

Galilee Energy Limited has disclosed a change in Director Stephen Kelemen’s interests, indicating both direct and indirect acquisitions of ordinary fully paid shares through participation in an Entitlement Offer and Shortfall take up under a Sub-Underwriting agreement. The transactions resulted in Kelemen’s superannuation fund and personal holdings increasing significantly in share volume, at a consideration of $0.012 per share.

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