Legal & General Directors Increase Shareholdings
Why we think this is neutral
This RNS announcement is a routine notification of directors purchasing shares through the company's Dividend Reinvestment Plan. It does not contain any information about the company's financial performance, operations, or strategic developments. As such, it is a neutral update that is unlikely to significantly impact the share price.
Key Points
- Directors purchased additional shares through the company's DRIP
- Shares were purchased at £2.56 per share
- Routine notification of director dealings, no financial updates provided
Summary
The major financial services provider has announced that several of its directors have increased their shareholdings in the company through a dividend reinvestment scheme.
Legal & General Group Plc has announced that several of its directors, including the Chair Sir John Kingman, have purchased additional ordinary shares in the company through the Dividend Reinvestment Plan (DRIP). The shares were purchased at a price of £2.56 per share. This is a routine notification of director dealings and does not contain any information about the company's financial performance or outlook.
DIRECTOR DEALINGS