Hargreaves Services Director Sells and Repurchases Shares
Why we think this is neutral
This RNS announcement is a PDMR Dealing, which does not fall into any of the mandatory news types that require further in-depth analysis. The announcement simply discloses a share transaction by a director, which is a routine regulatory requirement and does not provide any significant new information about the company's performance or prospects.
Key Points
- Director sold and repurchased 2,448 shares
- Shares sold at 580 pence, repurchased at 581 pence
- Director's total holding unchanged at 113,653 shares (0.34% of total)
Summary
Hargreaves Services plc (AIM:HSP) has announced that David Anderson, the Group Property Director and a PDMR, has sold 2,448 ordinary shares in the company at 580 pence each and immediately repurchased the same number of shares at 581 pence each. This transaction does not change Anderson's overall beneficial holding, which remains at 113,653 shares, representing 0.34% of the total issued share capital.