Paladin Energy managing director John Borshoff has acquired 150,000 shares at no cost, pursuant to the vesting of performance share rights at the end of March. Mr Borshoff now has a stake of more than 16 million shares in the uranium producer currently worth $16.1 million.
Mermaid Marine Australia chairman Tony Howarth and non-executive director Andrew Edwards have both acquired shares under the company’s dividend reinvestment plan. Mr Howarth bought 9,891 shares at a cost of $37,190, increasing his stake in the marine logistics company to 686,139 shares currently worth $2.6 million. Mermaid Marine booked an 18 per cent jump in interim net profit for the past six months, with its revenue for the six months to December 31 up 15 per cent from the previous corresponding half year.