Polymer Logistics non-exec takes delivery of shares

Uwe Wascher, a non-executive director at Polymer Logistics, which makes plastic boxes used to transport goods to shops, has upped his stake in the firm with the purchase of £325,000 worth of shares.

He bought 1m shares in the firm, which began in the Netherlands but has most of its operations in the UK, at 32.5p a time.

This lifts his stake to 3.44m shares, which is about 4.42% of the company.

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The company's shares are down more than 60% over the year, largely due to the effects of the global economic downturn and high raw material prices.

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