Infrastrata (INFA) Trading Up 17.5%

Infrastrata PLC (LON:INFA)’s share price was up 17.5% during mid-day trading on Thursday . The company traded as high as GBX 0.65 ($0.01) and last traded at GBX 0.61 ($0.01). Approximately 50,088,991 shares traded hands during mid-day trading, an increase of 711% from the average daily volume of 6,180,000 shares. The stock had previously closed at GBX 0.52 ($0.01).

In other Infrastrata news, insider Matthew Beardmore sold 1,775,289 shares of the firm’s stock in a transaction that occurred on Thursday, October 4th. The shares were sold at an average price of GBX 1 ($0.01), for a total transaction of £17,752.89 ($23,197.30). Also, insider Graham Lyon bought 4,544,280 shares of the firm’s stock in a transaction on Tuesday, October 2nd. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £45,442.80 ($59,379.07). In the last three months, insiders purchased 10,036,957 shares of company stock worth $10,036,957.

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Infrastrata Company Profile (LON:INFA)

InfraStrata plc, together with its subsidiaries, operates as a gas storage company. It engages in the development of gas storage project at Islandmagee in County Antrim in Northern Ireland. The company was formerly known as Portland Gas plc and changed its name to InfraStrata plc in December 2009. InfraStrata plc was incorporated in 2007 and is based in London, the United Kingdom.

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