Getech Group Director Sells and Buys Shares
Why we think this is neutral
This RNS announcement is regarding a director dealing transaction, which does not fall under the mandatory news types specified. As a result, a neutral sentiment score is assigned.
Key Points
- CEO Christopher Jepps sold and then re-acquired 950,000 ordinary shares
- Transaction was a 'Bed and ISA' to manage Jepps' shareholding
- Jepps' total beneficial interest remains unchanged at 2,057,006 shares (1.35% of issued capital)
Summary
The CEO of the energy services company has conducted a 'Bed and ISA' transaction, selling and then re-acquiring a block of shares.
Getech Group plc (GTC), a provider of geospatial data and services, has announced that its CEO Christopher Jepps has sold and then re-acquired 950,000 ordinary shares. This was done as part of a 'Bed and ISA' transaction. Jepps' total beneficial interest in the company remains unchanged at 2,057,006 shares, representing 1.35% of the issued share capital.
DIRECTOR DEALINGS