Management Board Members Made Stock Purchases Ahead of Government Decisions
Skopje, North Macedonia – Recent reporting has highlighted a series of stock purchases made by members of the management board of Petrol, the Slovenian oil company, in the weeks leading up to key government decisions regarding petrol prices. On May 27th, Sašo Berger, the company’s president, acquired 400 shares valued at €21,200. Shortly after, on June 2nd, Jože Smolič, a fellow management board member, purchased 400 shares for €21,120.
Further transactions occurred during the new government’s initial days: on June 4th and 5th, executive director Tomaž Blagotinšek and his family acquired 460 shares totaling €24,572. Zoran Gračner, a labor director and board member, made purchases of 130 shares worth €6,854 on May 27th and 28th. These purchases occurred prior to the government’s decision on June 24th to extend the regulation of prices for certain petrol derivatives for six months.
Simultaneously, the government increased the maximum permitted margins for traders. The timing of these transactions is now under scrutiny.
Topics: #shares #petrol #management
