Hargreaves Services Directors Increase Shareholdings
Why we think this is neutral
This RNS announcement is a PDMR Dealing, which provides details of share purchases by the CEO and incoming COO of Hargreaves Services plc. While insider buying can be seen as a positive signal, the RNS does not contain any information about the company's trading performance or financial results, which are the key drivers of sentiment. Therefore, I have assigned a neutral sentiment score.
Key Points
- CEO Gordon Banham purchased 4,250 shares at 560 pence each
- Incoming COO Simon Hicks purchased 4,250 shares at 561.572 pence each
Summary
The diversified industrial group announces share purchases by its CEO and incoming COO.
Hargreaves Services plc (AIM:HSP) has announced that its CEO, Gordon Banham, and incoming COO, Simon Hicks, have purchased 4,250 ordinary shares each in the company. This increases Banham's stake to approximately 8.47% and Hicks' stake to 0.01% of the issued share capital.
DIRECTOR DEALINGS