Builder and his wife hit £38m jackpot after picking up an 11% stake in North Sea oil firm

A builder and his wife have hit the jackpot after investing in a North Sea oil firm whose shares have soared.

David and Debbie Hardy are understood to have spent at least £1million buying an 11.3 per cent stake in Serica Energy.

And their stake was worth about £38million last night after shares closed up another 7.6 per cent, or 9p, at 128p.

David and Debbie Hardy are understood to have spent at least £1million buying an 11.3 per cent stake in Serica Energy

The latest surge came as Serica announced it has signed a deal to buy oil and mining group BHP’s stakes in the Bruce and Keith oilfields in the North Sea.

The Hardys, who are directors of a Midlands construction firm, are Serica’s second-biggest shareholders.

They took their holding above 3 per cent in April 2015 when shares were around 4p and then above 9 per centin July 2016 when the stock was about 13p.

It is understood they first bought into Serica during the oil price downturn, which hammered oil and gas companies in 2014 and 2015.

According to filings from Companies House, the Hardys recently incorporated Eclipse Air Limited, which will rent and lease air passenger transport equipment.

The couple declined to comment.

 

Original Link www.dailymail.co.uk/money

 

 

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