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Jadestone Energy Directors Increase Shareholdings, Signaling Confidence in Growth Strategy

Story Highlights
  • Jadestone Energy focuses on upstream operations in Asia-Pacific with a diversified asset portfolio.
  • Company directors increased their shareholdings, indicating confidence in Jadestone’s growth strategy.
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Jadestone Energy Directors Increase Shareholdings, Signaling Confidence in Growth Strategy

The latest update is out from Jadestone Energy Inc ( (GB:JSE) ).

Jadestone Energy plc announced share dealings involving its Executive Director and CFO, Andrew Fairclough, and Non-Executive Director, David Mendelson, along with Sarah Mendelson. Fairclough acquired 83,625 shares, while the Mendelsons collectively acquired 166,933 shares, reflecting their confidence in the company’s future. These transactions, conducted at an average price of 23.9 GBp per share, highlight the directors’ commitment to the company’s growth strategy and may positively influence stakeholder perception.

More about Jadestone Energy Inc

Jadestone Energy plc is an independent upstream company focusing on the Asia-Pacific region, with a diversified portfolio of production and development assets in countries like Australia, Malaysia, Indonesia, Thailand, and Vietnam. The company aims to grow and diversify its production base through organic developments and strategic acquisitions, enhancing returns through operating efficiencies and increased production. Jadestone is committed to the energy transition, with a pledge for Net Zero Scope 1 & 2 GHG emissions by 2040.

Average Trading Volume: 1,148,669

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £128.8M

For an in-depth examination of JSE stock, go to TipRanks’ Stock Analysis page.

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