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INSG

-7.04%
NEUTRAL

Insig AI CEO Increases Stake

Why we think this is neutral

This RNS announcement is a PDMR dealing, which does not fall into any of the mandatory news types required for a more detailed analysis. As such, the sentiment is considered neutral.

Key Points

  • CEO Richard Bernstein has purchased 125,000 ordinary shares in Insig AI
  • Bernstein's shareholding now stands at 24,065,880 shares, representing 20.07% of the company's total voting rights

Summary

The data science and machine learning group has announced that its CEO has purchased additional shares in the company.

Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that Richard Bernstein, Chief Executive Officer of the Company, has purchased 125,000 ordinary shares of 1 pence each in the Company at a price of 28.5 pence per share. Following the purchase, Mr Bernstein's shareholding stands at 24,065,880 Ordinary Shares, which represents 20.07% of Insig AI's total voting rights.

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