LPA Group Director Increases Shareholding
Why we think this is neutral
This RNS announcement is a routine disclosure of a director's share purchase, which does not contain any significant business updates or financial information. While it indicates the director's confidence in the company, it does not provide enough context to determine the overall sentiment.
Key Points
- Non-executive director Gordon Wakeford purchased 8,500 ordinary shares in LPA Group plc
- Wakeford now holds a beneficial interest in 36,500 ordinary shares, representing 0.27% of the company's issued share capital
Summary
The non-executive director of the industrial components manufacturer has purchased additional shares in the company.
LPA Group plc, the innovation-led engineering specialist, has announced that non-executive director Gordon Wakeford has purchased 8,500 ordinary shares in the company at a price of 58 pence per share. Following the purchase, Wakeford now holds a beneficial interest in 36,500 ordinary shares, representing approximately 0.27% of the company's current issued share capital.
DIRECTOR DEALINGS