Altitude Group Director Reshuffles Shareholding
Why we think this is neutral
This RNS announcement details a director's personal share dealings, which do not directly impact the company's operational or financial performance. While the transactions may indicate some portfolio rebalancing, there is no information provided that would significantly affect investor sentiment.
Key Points
- CFO Graham Feltham has transferred 160,000 shares to his wife at nil cost
- Feltham then sold 284,444 shares from his personal account and repurchased the same number in his ISA
- Feltham's wife sold 160,000 shares from her personal account and repurchased the same number in her ISA
- Feltham's aggregate beneficial holding remains unchanged at 700,483 shares (0.96% of issued share capital)
Summary
The CFO of the software company has transferred and traded shares within his personal and ISA accounts.
Altitude Group plc (AIM: ALT), the leading end-to-end solutions provider for branded merchandise, has announced that its Chief Financial Officer, Graham Feltham, has made several share transactions, including transferring shares to his wife and subsequently trading shares within his and his wife's ISA accounts. These transactions do not change Feltham's overall beneficial holding in the company.
DIRECTOR DEALINGS