Public market insider buying at Richards Packaging Inc Fd (RPI)

Public market insider buying at Richards Packaging Inc Fd (T:RPI)

Donald Arthur Wright, a Director, acquired 5,000 Trust Units on a direct ownership basis at prices ranging from $36.484 to $36.490 on December 3rd, 2018. This represents a $182,446 investment into the company's shares and an account share holdings change of 62.5%.

David Lewis Prupas, a Subsidiary Executive, acquired 1,000 Trust Units on an indirect ownership basis for registered holder 4117778 Canada Inc. at prices ranging from $35.350 to $35.400 on December 7th, 2018. This represents a $35,360 investment into the company's shares and an account share holdings change of 0.2%.

Richards Packaging Inc Fd is in the Non-Paper Containers & Packaging Sub Industry Group under the Basic Materials Sector.

Richards Packaging Income Fund (the Fund) is a Canada-based open-ended, limited purpose trust. The Fund invests in packaging distribution businesses throughout North America. The Fund's subsidiary, Richards Packaging Inc. and its subsidiaries (Richards Packaging), is principally engaged in the distribution of plastic and glass containers and associated closures. Richards Packaging distributes over 5,000 different types of packaging containers and related components sourced from over 600 suppliers and its approximately three manufacturing facilities. Richards Packaging's customer base consists of approximately 13,300 regional food, beverage, cosmetic, specialty chemical, pharmaceutical and other companies. In addition to providing its customers with a range of packaging solutions, Richards Packaging provides design and development services and logistics management through approximately 20 sales offices and one agency location.