Reabold Resources (GB:RBD) has released an update.
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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.
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