LBG Media Director Purchases Shares
Why we think this is neutral
This RNS announcement is a routine regulatory update regarding a director's share purchase, which does not have a material financial impact on the business. The purchase of 45,192 shares by the Executive Chair, Dave Wilson, represents a small increase in his beneficial interest, which is 0.4% of the issued share capital. As this is a common type of announcement without significant operational or financial implications, the overall sentiment is assessed as NEUTRAL.
Key Points
- Executive Chair Dave Wilson has purchased 45,192 shares
- Purchase price was 110.3 pence per share
- Wilson now holds 907,759 shares, 0.4% of issued share capital
Summary
LBG Media plc, the global digital entertainment business, has announced that Dave Wilson, Executive Chair, has purchased 45,192 ordinary shares at a price of 110.3 pence per share. Following this purchase, Dave Wilson is beneficially interested in 907,759 shares, representing 0.4% of the issued share capital of the Company.