15th Nov 2013 17:35
LONDON (Alliance News) - Mytrah Energy Limited Friday said a trustee of The Raksha Trust, a trust settled by Chairman and Chief Executive Ravi Kailas, purchased 38,000 shares in the company, priced at 83.16 pence each.
Trustee R&H Trust Co (Jersey) Limited bought the shares and now has an interest in 94.3 million shares, or 57.6% of the company. It also has 11.5 million options.
Some of Kailas' family members, as well as a philanthropic trust, are also discretionary beneficiaries of the The Raksha Trust.
Mytrah Energy shares Friday closed at 84.25 pence, up 3.4%.
By Samuel Agini; [email protected]; @samuelagini
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