Insider Buying: Zambeef Products Plc (ZAM) Insider Buys 50,000 Shares of Stock

Zambeef Products Plc (LON:ZAM) insider Tim Pollock purchased 50,000 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were bought at an average cost of GBX 13 ($0.17) per share, for a total transaction of £6,500 ($8,691.00).

Zambeef Products Plc (LON ZAM) opened at GBX 12.60 ($0.17) on Thursday. Zambeef Products Plc has a 1-year low of GBX 10.38 ($0.14) and a 1-year high of GBX 19.92 ($0.27).

Separately, FinnCap reissued a “corporate” rating and issued a GBX 20 ($0.27) price objective on shares of Zambeef Products in a report on Wednesday, November 15th.

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About Zambeef Products

Zambeef Products PLC (Zambeef) is engaged in agribusinesses in Zambia. The Company is involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stockfeed and flour. The Company’s segments include Beef, Chicken, Pork, Crops, Stockfeed, Eggs, Zamhatch, Fish, Milk and dairy, Edible oils, Mill and bakery, Leather and shoe, Master Meats (Nigeria), Master Meats (Ghana), Zambeef, Retailing, Zam Chick, Zamanita, Master Pork, Zampalm and Other.

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