Ithaca Energy plc (LON:ITH) Insider Iain Clifford Scobbie Lewis Sells 114,274 Shares of Stock

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis sold 114,274 shares of the firm’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 162 ($2.09), for a total transaction of £185,123.88 ($239,178.14).

Iain Clifford Scobbie Lewis also recently made the following trade(s):

• On Monday, January 6th, Iain Clifford Scobbie Lewis purchased 121 shares of Ithaca Energy stock. The shares were acquired at an average price of GBX 124 ($1.60) per share, for a total transaction of £150.04 ($193.85).

Ithaca Energy Trading Down 3.3 %

ITH stock opened at GBX 158.26 ($2.04) on Tuesday. The firm has a market cap of £3.30 billion and a PE ratio of 18.07. Ithaca Energy plc has a 1 year low of GBX 94.38 ($1.22) and a 1 year high of GBX 165.40 ($2.14). The company has a fifty day simple moving average of GBX 135.25 and a 200 day simple moving average of GBX 118.30.

Ithaca Energy Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, April 10th will be given a $0.12 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 6.56%. Ithaca Energy’s dividend payout ratio is currently 319.76%.

About Ithaca Energy

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.