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FXPO

2.91%
NEUTRAL

Ferrexpo Directors Acquire Shares Under LTIP

Why we think this is neutral

This RNS announcement is related to the vesting of shares under Ferrexpo's Long-Term Incentive Plan for several directors and senior managers. While it provides details on the transactions, it does not contain any information about the company's financial performance, operations, or other key business updates. Therefore, the sentiment is considered neutral as this is a routine regulatory announcement.

Key Points

  • Vesting of shares awarded under Long-Term Incentive Plan
  • Acquisition of shares by directors and senior managers

Summary

The mining company has announced the acquisition of shares by directors and senior managers under its long-term incentive plan.

Ferrexpo plc has announced that several directors and senior managers have acquired a beneficial interest in the company's ordinary shares as a result of the vesting of a tranche of shares awarded under the Long-Term Incentive Plan. The transactions involve the acquisition of 3,070 shares by Director Nikolay Kladiev, 443 shares by Senior Manager Yaroslavna Blonska, 1,594 shares by Senior Manager Viktor Lotous, and a combined acquisition and disposal of 2,460 and 1,156 shares respectively by Senior Manager Greg Nortje.

DIRECTOR DEALINGS