Reabold Resources (GB:RBD) has released an update.
Reabold Resources PLC has announced that Michael Felton, a Non-executive Director of the company, has increased his indirect stake in the company through a purchase made by his spouse. On June 14, 2024, Alison Felton bought 33,332,006 Ordinary Shares at a price of 0.075 pence each, bringing Michael Felton’s total beneficial ownership to 0.57% of the company’s issued share capital. This financial move by the director’s family member highlights the confidence in the company’s strategic focus on European energy security through gas projects.
For further insights into GB:RBD stock, check out TipRanks’ Stock Analysis page.
