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Zenith Energy CFO Increases Shareholding, Signaling Confidence in Strategic Focus

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Zenith Energy CFO Increases Shareholding, Signaling Confidence in Strategic Focus

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Zenith Energy ( (GB:ZEN) ) has shared an update.

Zenith Energy Ltd. announced that its Chief Financial Officer, Luca Benedetto, has purchased 633,000 common shares of the company, increasing his total shareholding to 14,642,330 shares, which represents 2.91% of the company’s total issued share capital. This purchase reflects confidence in the company’s strategic focus on developing proven energy production assets and exploring low-risk opportunities, potentially strengthening its market position and stakeholder confidence.

More about Zenith Energy

Zenith Energy Ltd. is an independent energy company with operations in North Africa, the US, and Europe. It focuses on energy production, exploration, and development, particularly in revenue-generating assets and low-risk exploration activities. The company is listed on the London Stock Exchange and the Oslo Stock Exchange.

Average Trading Volume: 881,662

Technical Sentiment Signal: Sell

Current Market Cap: £11.5M

Find detailed analytics on ZEN stock on TipRanks’ Stock Analysis page.

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