Avation Director Increases Shareholding
Why we think this is neutral
This RNS announcement details a director's purchase of additional shares in the company, which is a routine corporate action and does not indicate any significant changes to the company's operations or financial performance.
Key Points
- Executive director Mark Stephen Shelton has purchased 1,340 ordinary shares in Avation PLC
- Shelton's total shareholding now stands at 24,840 shares, or 0.04% of the issued share capital
Summary
The aircraft leasing company announces that an executive director has purchased additional shares in the business.
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has announced that Mark Stephen Shelton, an executive director, has purchased 1,340 ordinary shares off-market at a price of 147.5 pence per share. This increases his direct and indirect holdings in the company to 24,840 shares, representing 0.04% of the issued share capital.
DIRECTOR DEALINGS