Infrastrata (INFA) Shares Up 6.7%

Infrastrata PLC (LON:INFA)’s share price shot up 6.7% on Thursday . The company traded as high as GBX 0.71 ($0.01) and last traded at GBX 0.71 ($0.01). 7,590,357 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 6,180,000 shares. The stock had previously closed at GBX 0.67 ($0.01).

In other Infrastrata news, insider Matthew Beardmore sold 1,775,289 shares of the firm’s stock in a transaction dated Thursday, October 4th. The stock was 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 acquired 2,109,298 shares of the firm’s stock in a transaction on Monday, October 8th. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £21,092.98 ($27,561.71). Insiders have acquired a total of 10,036,957 shares of company stock valued at $10,036,957 over the last 90 days.

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About Infrastrata (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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