RM2 chairman raises stake
The children of RM2 International's chairman acquired some shares in the pallet manufacturer company as part of the Swiftsure Trust.
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RM2 International S.A. (DI)
8.50p
16:09 17/01/20
Ian Molson's children bought 1m shares through the trust at an individual price of 51p, spending a total of £510,000 in the transaction.
Molson holds now 8.5m shares, which represents 2.63% of the existing issued share capital.
The firm said last month in a trading update that its production levels continued to build up and are expected to increase significantly with demand through 2015.
RM2 said it remains focused on "converting its significant pipeline of opportunities into sizeable long-term orders and on extending its services with existing clients".
Top Director Buys
RM2 International S.A. (DI) (RM2)
Director name: Mr R. Ian Molson
Amount purchased: 1,000,000 @ 51.00p
Value: £510,000
Roxi Petroleum (RXP)
Director name: Edmund Limerick
Amount purchased: 555,000 @ 8.75p
Value: £48,562
Top Director Sells
Judges Scientific (JDG)
Director name: Mr David Barnbrook
Amount sold: 700 @ 1,605.00p
Value: £11,235