Rakon’s Robinson brothers sell shares to fellow directors Mogridge, Irvine

Tue, 17 Sep 2013

By Paul McBeth Sept. 17 (BusinessDesk) - Rakon managing director Brent Robinson and his brother, executive director Darren Robinson, have sold some 554,000 shares to fellow directors Bryan Mogridge and Bruce Irvine after a telling off by the Takeovers Panel. Chairman Mogridge and independent director Irvine bought the shares from the Robinsons in off-market transactions for some $127,400, according to substantial shareholder notices filed with the NZX today. Mogridge bought almost 154,000 shares at 23 cents each from Darren Robinson, while...

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