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

Enzio Di Gennaro, CFO, acquired 2,600 Trust Units on an indirect ownership basis for registered holder RRSP at a price of $40.190 on March 10th, 2023. This represents a $104,494 investment into the company's shares and an account share holdings change of 5.2%.

Therese Sullivan, a Senior Officer, acquired 240 Trust Units on an indirect ownership basis for registered holder RRSP - Therese at a price of $40.820 on March 10th, 2023. This represents a $9,797 investment into the company's shares and an account share holdings change of 24.2%.

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 owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 18,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. It is engaged in the distribution of approximately 8,000 different types of packaging components and healthcare products that are sourced from over 900 suppliers and four manufacturing facilities. It sources products from glass and plastic companies both in raw materials and in finished goods. Richards Packaging services include global sourcing, inventory management, manufacturing, and packaging 101. Richards Packaging Income Fund (RPI) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, two insiders have invested a total amount of $114,291.