Bango Director Increases Shareholding
Why we think this is neutral
This RNS announcement is a routine disclosure of a director's share purchase, which does not contain any significant business updates or financial information. While it indicates the CEO's confidence in the company, it does not provide enough context to determine the overall sentiment.
Key Points
- CEO and persons closely associated purchased 27,124 shares
- Shares acquired at an average price of 84.56 pence
- CEO now has a 0.2% stake in the company
Summary
The technology company has announced a director has purchased additional shares in the business.
Bango PLC (AIM: BGO) has announced that on 9 June 2025, Paul Larbey, Chief Executive Officer, and certain persons closely associated with him, purchased a total of 27,124 ordinary shares in the company at an average price of 84.56 pence per share. Following the purchase, Paul Larbey now has a direct and indirect interest in 177,981 ordinary shares, representing approximately 0.2% of the company's total issued share capital.
DIRECTOR DEALINGS