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Sintana Energy ( (TSE:SEI) ) has provided an announcement.
Sintana Energy has disclosed that non-executive director Douglas Manner transferred 100,000 common shares to his daughter and sold 300,000 common shares at C$0.45 each on the TSX Venture Exchange. Following these transactions, Manner retains 5,195,558 common shares, representing about 1.01% of the company, a routine change in insider holdings that is unlikely to alter Sintana’s strategic direction but may be monitored by investors tracking director ownership levels.
More about Sintana Energy
Sintana Energy Inc. is a Canadian-based parent company focused on acquiring, exploring and potentially developing high-impact hydrocarbon assets in emerging frontier geographies. Its portfolio spans interests in eight licences in Namibia and Uruguay, with pending indirect interests in Namibia and Angola, plus legacy positions in Colombia and The Bahamas, providing diversified exposure to multiple basins and regulatory regimes.
For a thorough assessment of SEI stock, go to TipRanks’ Stock Analysis page.