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LONDON - R.E.A. Holdings plc (LSE:RE.) announced Wednesday that non-executive director David Blackett has purchased 45,000 of the company’s 9 percent cumulative preference shares at a price of £0.915 per share.
The transaction, valued at approximately £41,175, was executed on the London Stock Exchange on September 24, according to a regulatory filing.
The company disclosed the share purchase in accordance with the Market Abuse Regulation (MAR), which requires public notification of transactions by persons discharging managerial responsibilities.
R.E.A. Holdings’ 9 percent cumulative preference shares trade under the ISIN code GB0007185639.
The company made the announcement through a regulatory statement without providing additional details about the reason for the director’s purchase or the company’s current operations.
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