Real Estate Investors CEO Increases Stake
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 CEO's confidence in the company, it does not provide enough context to determine the overall sentiment.
Key Points
- CEO Paul Bassi purchased 314,346 ordinary shares
- Bassi now holds 18,000,000 shares, representing 10.29% of the company's issued share capital
Summary
The CEO of the Midlands-focused REIT has purchased additional shares, increasing his stake in the company.
Real Estate Investors Plc (RLE), the UK's only Midlands-focused Real Estate Investment Trust (REIT), has announced that its CEO, Paul Bassi, has purchased 314,346 ordinary shares. Following this purchase, Bassi now holds 18,000,000 shares, representing 10.29% of the company's issued share capital.
DIRECTOR DEALINGS