Insig AI CEO Increases Stake
Why we think this is neutral
The RNS announcement is a PDMR Dealings update, which does not fall under the mandatory news types that require detailed analysis. The announcement simply states that the CEO of Insig AI has purchased additional shares in the company.
Key Points
- CEO Richard Bernstein purchased 50,000 additional shares in Insig AI
- Bernstein's shareholding now stands at 23,940,880 shares, representing 19.96% of the company's total voting rights
Summary
The data science and machine learning group Insig AI has announced that its CEO, Richard Bernstein, has purchased 50,000 additional ordinary shares in the company.
Insig AI plc (AIM: INSG), the data science and machine learning group, has announced that its Chief Executive Officer, Richard Bernstein, has purchased 50,000 ordinary shares of 1 pence each in the Company at a price of 22.0 pence per share. Following the purchase, Mr Bernstein's shareholding stands at 23,940,880 Ordinary Shares, which represents 19.96% of Insig AI's total voting rights.
DIRECTOR DEALINGS