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CBG

0.61%
NEUTRAL

Close Brothers Group Director Transactions

Why we think this is neutral

This RNS announcement is a routine notification of director share transactions, which does not provide any significant new information about the company's performance or outlook. The announcement is informational in nature and does not warrant a strong sentiment score.

Key Points

  • Group Chief Operating Officer Simon Jacobs has exercised options and sold some shares
  • Transactions were part of the 2023 Retention and Recruitment Share Plan

Summary

The financial services group has announced details of share transactions by a senior executive.

Close Brothers Group plc has released a notification of transactions by a person discharging managerial responsibilities (PDMR). The PDMR, Simon Jacobs, the Group Chief Operating Officer, has exercised options and sold a portion of the shares to cover tax and NIC, while retaining the remaining shares.

DIRECTOR DEALINGS