Farm Pride Foods Limited (AU:FRM) has released an update.
George Palatianos, a director at Farm Pride Foods Ltd, has significantly increased his stake in the company through an indirect interest, acquiring 8,350,000 ordinary shares at $0.10 each. This transaction, which took place on August 6, 2024, and was a result of shares issued on the conversion of a loan amount approved by shareholders, has raised Palatianos’s total holdings to 30,831,615 shares. The director’s dealings occurred during a period that required prior written clearance, which was duly obtained in line with the company’s general meeting resolutions.
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