3D Energi (ASX:TDO) said its Executive Chairman, Noel Newell, acquired 1.8 million fully paid ordinary shares for AU$200,000 at an issue price of AU$0.11 per share in relation to the firm's placement, according to a Tuesday Australian bourse filing.
The newly acquired shares are held indirectly. Newell also acquired 909,091 free attaching unlisted options, exercisable at AU$0.18 apiece, expiring Dec. 24, 2026.
The firm's shares rose 3% in recent trading on Tuesday.
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