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Directors’ Interests

Former Vmoto executive chairman Russell Goodman has displayed renewed interest in the company through the acquisition of 3.5 million shares at a cost of $194,000, bringing his total stake in the scooter retailer to $2.7 million. This about-turn comes on the heels of a boardroom brawl and an attempt by Vmoto’s former managing director, Patrick Davin, to remove Mr Goodman, who remains a non-executive director, from the board entirely. Mr Goodman was ousted as head last month when it was announced that the Perth-based company’s plans to relocate to Queensland were being reconsidered.

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