Institutional buying at Pieridae Energy (PEA)

Institutional buying at Pieridae Energy (T:PEA)

Electron Capital Partners, a 10% Holder, acquired 814 Common Shares on a control or direction basis for registered holder AGR Trading SPC Series EC Segregated Portfolio, 355 Common Shares on a control or direction basis for registered holder Boothbay Absolute Return Strategies, LP and 32,031 Common Shares on a control or direction basis for registered holder Electron Global Master Fund, L.P. at a price of $4.346, on August 17th, 2018.

The insider also acquired 24,700 Common Shares on a control or direction basis for registered holder Strategic Active Trading Funds plc, Acting in Respect of the Aberdeen Alternative Diversified Equity Fund at prices ranging from $3.898 to $4.350 and 24,700 Common Shares on a control or direction basis for registered holder Strategic Active Trading Funds plc, Acting in Respect of the Aberdeen Alternative Strategies Fund at prices ranging from $3.898 to $4.350 between August 13th and 17th, 2018.

This represents a $348,793 investment into the company's shares and an account share holdings change of 1.2%.

Pieridae Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Pieridae Energy Ltd is Canada-based company engaged in energy infrastructure and development. The Company is focused on liquefied natural gas (LNG) opportunities. The Company is developing a fully integrated LNG infrastructure business and is contracting and partnering with world-class resource supply companies and off-takers in its commitment to create a fully integrated LNG project. The Company is developing Goldboro LNG, which consists of an LNG processing facility, storage tanks and marine works. The facility is located at the Goldboro Industrial Park in Guysborough County, Nova Scotia, Canada. The natural gas supply feeding the project is to be delivered via the existing Maritimes & Northeast Pipeline, located directly adjacent to the project.