Jindalee non-executive director Justin Mannolini has acquired 25,000 fully paid ordinary shares increasing the total amount of securities held after the exchange to 275,000.
Managing director Pip Darvall has acquired 5,450 fully paid ordinary shares increasing the total amount of securities held after the exchange to 59,950.
Jindalee executive director Lindsay Dudfield has acquired 391,221 fully paid ordinary shares at a value of $117,366.
Shortfall shares under entitlement offer
Jindalee executive director and joint company secretary Patrica Farr has acquired 35,467 fully paid ordinary shares at a value of $10,640.
The company allocated the shortfall shares under the entitlement offer yesterday after receiving strong interest from sophisticated and professional investors.
Placement of the shortfall shares took place today at the offer price of 30 cents a share to raise a further $339,022.
Jindalee managing director Pip Darvall said the company appreciated the strong support the entitlement offer received from existing shareholders, as well as from new shareholders who quickly took up the shortfall.