Proactive Investors - Run By Investors For Investors

PARKD non-executive director shows faith in company through share purchase

The company has developed an innovative lightweight concrete car parking system.
PARKD non-executive director shows faith in company through share purchase
Shares last traded at 10 cents a share

PARKD Ltd (ASX:PKD) non-executive director Robert Martin has shown confidence in the company through an on-market share purchase.

Martin acquired 25,000 indirect ordinary shares and now holds 491,123 direct as well as 25,000 indirect ordinary shares. 

READ: PARKD signs MoU aimed at improving panels used in modular parking systems

Last month the company signed an MoU aimed at developing, refining and improving a critical concrete panel component for the company’s innovative lightweight modular car parking systems.

The non-binding MoU with Reinforced Earth Pty Ltd (REPL) will see the parties work together for co-development and improvements of ParkD’s transportable concrete panels.

READ: PARKD non-executive chairman shows faith in company through on-market transaction

On May 1 non-executive chairman Bronte Howson acquired 67,409 shares and now holds almost 6.34 million shares in indirect interest.

This transaction follows a series of non-market transactions earlier in the year in which the chairman acquired 128,588 shares.

View full PKD profile View Profile

PARKD Ltd Timeline

Related Articles

uBUCK graphic
July 05 2019
The company operates 1SHIFT Logistics, a software platform that enables brokers, shippers, and carriers to track shipments and settle payments in real-time without having to micromanage individual drivers. It also owns uBuck Technologies, a subsidiary that is revolutionizing payment in the shipping industry.
Two puzzle pieces lined up but separate
April 30 2019
The company is executing changes to its main undertaking to become Dataglobal.
Australian dollars
February 03 2019
The recruitment, building and training services provider is working to a target to triple its business operations.
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use