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Director of Marshall Monteagle's Major Subsidiary Makes Substantial Share Purchase | Rateweb
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Director of Marshall Monteagle’s Major Subsidiary Makes Substantial Share Purchase

Marshall Monteagle PLC (“Marshall”), a renowned international company incorporated in Jersey, has disclosed a notable transaction involving the purchase of a substantial number of shares by a director of one of its major subsidiaries, Monteagle International Limited (Jersey).

Mr. Warwick Hugh Marshall, holding a directorship within Marshall’s intermediate holding and trading subsidiary, was the key participant in the transaction, which took place today. The acquisition entailed purchasing an impressive 510,622 ordinary shares of Marshall Monteagle, with each share priced at ZAR 22.00, resulting in a transaction value of ZAR 11,233,684.00.

This disclosure confirms Mr. Warwick Hugh Marshall’s beneficial interest in the acquired shares, signifying his personal stake in the company’s performance and future growth. Notably, all requisite clearances to carry out the transaction were duly obtained by the director.

Marshall Monteagle PLC, registered with the JSE (Johannesburg Stock Exchange) under the code MMP and with an ISIN of JE00B5N88T08, is a prominent global player. Mr. Warwick Hugh Marshall’s recent purchase, as a key figure within one of its major subsidiaries, underscores his confidence in the company’s prospects and its potential for generating favourable returns.