Danish tanker owner Torm’s CEO, Jacob Meldgaard, has taken advantage of falling shipping stock prices to build his stake in the company.
A filing reveals that the chief executive has invested DKK 3m ($440,000) in company stock on the Nasdaq Copenhagen exchange since 3 April.
The price he paid through holding company Jame Invest fell from DKK 105 to DKK 90.57
