Gooch & Housego Announces PDMR Share Issue
Why we think this is neutral
The RNS announcement is a routine PDMR notice regarding the issue of new shares, which does not contain any significant business updates or financial information. As such, the news is neutral and does not warrant a strong sentiment score.
Key Points
- Issue of 171,216 new ordinary shares following vesting of long-term incentive plan awards
- New shares to rank pari passu with existing shares
- Total issued share capital to be 27,370,726 ordinary shares
Summary
The specialist manufacturer has issued new shares to certain PDMRs following the vesting of awards under the company's long-term incentive plan.
Gooch & Housego PLC (GHH) has announced the issue of 171,216 new ordinary shares following the vesting of awards granted under the company's long-term incentive plan, including to certain PDMRs. The new shares will rank pari passu with the existing shares, and the company's total issued share capital will be 27,370,726 ordinary shares.
DIRECTOR DEALINGS