Sarath Ratanavadi, Chief Executive Officer of Gulf Development Public Company Limited, or GULF, has purchased an additional 2,415,600 ordinary shares of the company at an average price of 60.75 baht per share, for a total value of approximately 146.75 million baht, on September 14, 2026, through the Stock Exchange of Thailand via the Auto Matching system, through Bualuang Securities Public Company Limited. This purchase raises Sarath's holding in GULF from 4,360,734,893 shares to 4,363,150,493 shares, representing 29.20% of the company's total voting rights.
Gulf Energy Development Public Company LimitedCEO Sarath Ratanavadi bought 2.42 million more GULF shares worth ~147 million baht, raising his stake to 29.20%.
