Cameron McLatchie, chairman of British Polythene Industries (BPI), has upped his stake in the plastics company with the purchase of more than £200,000 worth of shares.
He bought 150,000 shares at 115p and his wife Leslie paid the same amount for 50,000.
Following the purchases, McLatchie has just over 462,000 shares, or about 1.75% of the Greenock-based firm, while Leslie McClatchie has 219,000.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
BPI makes plastics for bakery product packaging, refuse sacks and other applications.
The company saw profits fall last year after feeling the impact of higher input costs.
Top Director Buys
Value: £172,500
Value: £57,500
Value: £10,145
Value: £11,500
Top Director Sells
Value: £101,040
Value: £86,000
Value: £26,046
Value: £22,845
Value: £21,882
Value: £16,670
Value: £13,676
Value: £10,662
-
Average earners now face £200,000 inheritance tax bill - how much will your estate owe?‘Double whammy’ of inheritance tax changes means even the estates of those earning the average UK wage could face bills, not just the very wealthy
-
Are the wealthy dodging more tax than previously thought?A new report suggests tax non-compliance among the wealthy could be worse than previously imagined. Is an overly complex system partly to blame?
