STO 2.63% $7.02 santos limited

"Mmmm Mr Goh adding to the directors of late that have been...

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  1. 6,299 Posts.
    lightbulb Created with Sketch. 48
    "Mmmm Mr Goh adding to the directors of late that have been buying a few shares in the beloved Santos. Some investors don’t like to read much into directors buying but in my mind I like to see them investing in their job. A bit of skin in the game if you will.
    And of course Mr Goh was in the news recently being a director of Harbour Energy and having to stand aside when Harbour had a bit of a sniff around our Santos.
    Does it mean anything ? Got me beat.
    DYOR
    Regards Tommy"


    Name of entity SANTOS LIMITED
    ABN 80 007 550 923
    We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
    the director for the purposes of section 205G of the Corporations Act.
    Name of Director Hock Goh
    Date of last notice 7 February 2017
    Part 1 - Change of director’s relevant interests in securities
    In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
    Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should
    be disclosed in this part.
    Direct or indirect interest Indirect
    Nature of indirect interest
    (including registered holder)
    Note: Provide details of the circumstances giving rise to the relevant
    interest.
    HSBC Custody Nominees (Australia) Limited on
    behalf of Julius Baer & Co Ltd, with the Director
    being 50% beneficiary, the other being Goh
    Augustine Zhi Wei.
    Date of change 9 March 2018
    No. of securities held prior to change 37,215
    Class Fully paid ordinary shares
    Number acquired 30,000
    Number disposed Nil
    Value/Consideration
    Note: If consideration is non‐cash, provide details and estimated
    valuation $4.87 per share

    With the benefit of four weeks hindsight this 9th March purchase of 30000 STO shares @$4.87 by Harbour Energy Director Hoch Goh is sure to ... um, how shall I put it, ...may possibly be scrutinised by the ACCC.​
 
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