I have a question, as if you already did not know - why is it that Peter Shore's on-market purchase of 230,000 shares were classified in his Director's Interest Disclosure as "restricted ordinary shares"?
On 6th August, UEC released a New Issue Statement concerning the issue /allotment of 2,230,000 shares. Of this number, 680,000 were issued @11c, 300,000 @13c, and 1.25m @17c, for a total of 2,230,000.
No problems there, but same day Peter Shore buys 230,000 "restricted" shares for an average consideration of 29.74c. If it wasn't for: 1) the coincidence of dates (both events happened on the 6th); 2) Peter Shore's reference to "restricted ordinary shares"; and 3) Peter Shore's reference to acquiring 230,000 shares at the same time as a new issue announcement refers to a 2.230m share issue, then: I would say good luck to all concerned.
But, yet again, there is more to this than otherwise meets the eye.
