Altech Chemicals Ltd (ASX:ATC) non-executive chairman Luke Atkins has purchased 307,692 shares in the company.
The $30,000 purchase was part of the recent share purchase plan (SPP), which offered shares priced at 9.75 cents each.
The share purchase increases Atkins’ holding to 10.35 million shares.
SPP raises $2.84 million
The SPP raised $2.84 million from over 300 shareholders.
Work at the company’s Malaysian high purity alumina (HPA) plant site continues, with construction of the electrical sub-station progressing in accordance with the construction schedule.