Legal & General Group Chair Increases Shareholding
Why we think this is neutral
This RNS announcement is a routine notification of a director's share purchase under the company's dividend reinvestment plan. It does not contain any significant news or updates about the company's operations, financials, or future prospects.
Key Points
- Chair Sir John Kingman purchased 9,061 shares under the DRIP
- Shares were purchased at a price of £2.57 each
Summary
The Chair of the major financial services group has increased their shareholding through the company's dividend reinvestment plan.
Legal & General Group Plc has announced that the Chair, Sir John Kingman, has purchased 9,061 ordinary shares in the company under the Dividend Reinvestment Plan (DRIP) at a price of £2.57 per share. This is a routine transaction and does not indicate any significant changes to the company's business or outlook.
DIRECTOR DEALINGS