Farm Pride Foods Limited (AU:FRM) has released an update.
Farm Pride Foods Ltd has announced that Director Darren Lurie has increased his indirect holdings in the company by 3,000,000 fully paid ordinary shares at $0.10 per share through participation in a non-renounceable Rights Issue. Following this acquisition, Lurie’s total holdings amount to 20,635,454 shares, in addition to 1,090,000 performance rights and 3,600,000 unlisted options. The transaction adhered to the company’s Security Dealing policy, allowing directors to engage in rights issues during closed periods.
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