7 October 2021 - share purchases
Following our recent comments on the AIM-listed plastics group, the company has used some of its cash reserves to continue its share buyback, acquiring 500,000 shares at 13.25p on 5 October and a further 1.5m shares at 13.5p on 6 October. These shares will be held in treasury, taking the total held there to 4.995m shares. In addition, the wife of director David Low has purchased 75,000 shares at 13,9436p. These purchases reinforce our recommendation of BUY.
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