director buysIthaca Energy Inc. (TSX VENTURE:IAE)(AIM:IAE) was notified today that on July 5, 2011, Iain McKendrick, Ithaca's CEO, acquired 30,000 common shares in the Company at a price of GBP £1.46 per common share.
Following this transaction, Iain McKendrick's total revised beneficial holding in the Company is 130,490 common shares, representing approximately 0.05 per cent of the issued share capital of the Company.
~~~~~~~~~~~~
Shows some faith.