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You're reading: Renaissance Securities buys more shares in Regal Petroleum
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According to a Regal report on the London Stock Exchange (LSE) issued on Wednesday, on January 10, 2011 Renaissance Securities bought 2.257 million shares at prices ranging from GBP 0.3644 from GBP 0.3721 per share, and on January 11 the company bought 4.724 million shares at prices of from GBP 0.3753 to GBP 0.3850.

Regal said that after the deals executed on Tuesday, Renaissance Securities Limited owns 42.529 million shares in the company.

As reported, in December 2010 Renaissance Securities bought around 11% of the shares in the oil company, and its share reached 11.56% or 26.817 million shares. In late 2010 and early 2011, Renaissance Securities realized a number of transactions with a small amount of Regal’s securities.

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