Freightways Director Increases Shareholding, Signals Confidence

Freightways ( (FTWYF) ) has provided an announcement.

Freightways Group Limited, a company listed on the NZX, has announced a change in the shareholding of one of its non-executive directors, Grant Devonport. Devonport has increased his beneficial interest in the company by acquiring 3,000 fully paid ordinary shares at a total cost of $36,540, bringing his total holdings to 15,000 shares. This transaction, conducted on the market, reflects a vote of confidence in the company’s prospects by a senior member of its board.

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