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Pin to quick picksIofina Share News (IOF)

Share Price Information for Iofina (IOF)

London Stock Exchange
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Share Price: 21.50
Bid: 20.50
Ask: 22.50
Change: -0.15 (-0.71%)
Spread: 2.00 (9.756%)
Open: 21.25
High: 21.10
Low: 21.00
Prev. Close: 21.25
IOF Live PriceLast checked at -

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Director dealings: Iofina chairman raises stake

Fri, 19th Feb 2021 16:12

(Sharecast News) - Iofina said on Friday that chairman Lance Baller had acquired 200,000 ordinary shares in the AIM-listed chemical manufacturing company.
Baller, the company's co-founder, purchased the shares on Thursday at an average price of 12.50p each, for a total value of £25,000.

Following the transaction, Baller holds 5.01m shares, representing roughly 2.61% of the company's share capital.

Back in September, Iofina signed binding documentation to refinance its entire debt by entering into a new loan agreement with the Cincinnati-based US regional bank First Financial Bank.

Iofina said the facility would provide it with debt capital of up to $18.0m, with the proceeds to be used to pay off existing debt and to provide it with working capital.

As of 1640 GMT, Iofina shares were down 3.20% at 12.10p.

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