UPP Holdings Limited buying at Taiga Building Products (TBL)

UPP Holdings Limited buying at Taiga Building Products (T:TBL)

UPP Holdings Limited, a 10% Holder, acquired 18,460,760 Common Shares on an indirect ownership basis for registered holder UPP Investments Canada Limited at a price of $1.500 through a private transaction on March 22nd, 2018. This represents a $27,691,140 investment into the company's shares and an account share holdings change of 32.2%.

Taiga Building Products is in the Forest & Wood Products Sub Industry Group under the Basic Materials Sector.

Taiga Building Products Ltd (Taiga) is a Canada-based independent wholesale distributor of building products. The Company operates through two segments: Canada and the United States. The Company distributes its products, which include dimension lumber; panel products, including plywood, particle board and oriented strand board, and allied and treated products, such as roofing materials, moldings, composite decking, polyethylene sheeting, batt and foam insulation, flooring, engineered wood and treated wood. It markets treated wood under the brand name Taiga Select. Taiga maintains inventories of building products at approximately 15 distribution centers throughout Canada and over two distribution centers in California. In addition, the Company distributes through the use of third party reload centers. The Company also owns and operates over three wood preservation plants that produce pressure-treated wood products. Taiga Building Products Ltd. (TBL) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $27,691,140.