RE: Directors share purchase28 Feb 2024 09:22
"Can someone tell me, I thought SS was meant to buy shares each month? The last time was 1st december so, if that's the case, what's happened?"
Sandercon was contractually obliged to buy £1,000/month of shares over a twelve month period.
This was supposed to pacify PI's who criticised his disinterest in investing in his own dead-duck.
Investing just £1,000/month, when your basic salary is twenty five times as much was never going to do that.
The twelve month period expired some time ago and left some shareholders questioning whether he even managed to complete it (I think he actually did but may as well not have, for all the good it did him).