Geo Energy: Business Development Director Increases Shareholding with Purchase of 200,000 Shares at S$0.54 per Share
Geo Energy Resources Limited has announced that its Business Development Director, Mr Lu King Seng, has independently acquired 200,000 ordinary shares in the Company through market transactions on 15 October 2026.
The shares were purchased at S$0.54 per share, representing an aggregate purchase value of S$108,000, excluding any applicable transaction costs.
Following the transaction, Mr Lu's direct shareholding in Geo Energy has increased from 1,130,000 shares to 1,330,000 shares, representing an increase of approximately 17.7% in his shareholding.
The transaction represents a further increase in the personal shareholding of a member of Geo Energy's key management team.
The share purchase was independently undertaken by Mr Lu, as disclosed in the Company's SGX announcement dated 15 October 2026.
See link for full media release: https://geoenergy.listedcompany.com/newsroom/20261015_173158_RE4_72EJZ2HNMUSD6NWH.1.pdf