LBG Media Director Increases Shareholding
Why we think this is neutral
This RNS announcement is a standard regulatory update regarding a director's share purchase. It does not indicate any material financial impact or changes to the company's operations or outlook. The purchase of 46,844 shares by a non-executive director, representing 0.4% of the issued share capital, is a routine transaction and does not significantly alter the company's shareholder structure or provide any new insights into the business performance.
Key Points
- Non-Executive Director Carol Kane has purchased 46,844 ordinary shares
- Purchase price of 106.5 pence per share
- Carol Kane now holds 797,421 shares, representing 0.4% of issued share capital
Summary
LBG Media plc, the global digital entertainment business, has announced that Carol Kane, Non-Executive Director, has purchased 46,844 ordinary shares at a price of 106.5 pence per share. Following this purchase, Carol Kane is now beneficially interested in 797,421 shares, representing 0.4% of the issued share capital of the Company.