Corero Network Security Director Increases Shareholding
Why we think this is neutral
The RNS announcement is regarding a director's personal share purchase, which is not a mandatory news type that requires detailed analysis. While the director's increased stake could be seen as a positive signal, the announcement itself does not contain any significant business updates or financial information.
Key Points
- CEO Carl Herberger has purchased 246,095 ordinary shares in Corero Network Security
- Herberger now holds a total beneficial interest of 1,697,122 ordinary shares, equivalent to 0.33% of the company's issued share capital
Summary
The cybersecurity company's CEO has purchased additional shares in the business.
Corero Network Security plc has announced that its Chief Executive Officer, Carl Herberger, has purchased 246,095 ordinary shares in the company. Following this purchase, Herberger now has a total beneficial interest in 1,697,122 ordinary shares, equivalent to 0.33% of the company's issued share capital.
DIRECTOR DEALINGS