Charles Maltby has shown his confidence in Epic Gas by spending over $5,600 to buy shares in the Oslo-listed company.

The chairman and chief executive of the Singapore-based LPG carrier operator acquired 4,700 shares at NOK 9.46 per share or NOK 44,462 ($5,610).

Following the transaction, which was executed on Friday, Maltby controls 61,950 shares in Epic Gas, according to a regulatory filing.