First Tin CEO Purchases Shares
Why we think this is neutral
This RNS announcement is a routine director dealing, which does not contain any significant business updates or financial information. While it is positive to see the CEO increasing his stake, this type of news typically does not have a major impact on the company's performance or outlook.
Key Points
- CEO William (Bill) Scotting purchased 416,667 shares in First Tin at 5.6 pence per share
- Scotting now holds a 0.50% stake in the company
Summary
The CEO of the mining company has purchased additional shares in the business.
First Tin PLC has announced that its Chief Executive Officer, William (Bill) Scotting, has purchased 416,667 shares in the company at a price of 5.6 pence per share. Following this transaction, Mr. Scotting now holds a beneficial interest in 2,250,000 Ordinary Shares, representing 0.50 per cent of the Company's issued share capital.
DIRECTOR DEALINGS