Software Circle Chairman Increases Stake

Why we think this is neutral

This RNS announcement is a routine regulatory disclosure regarding a director's personal share purchase, which is not expected to have a material financial impact on the company. The RNS does not contain any information about the company's financial performance, trading updates, or other business developments.

Key Points

Matthias Riechert, the Chairman and PDMR, has purchased 469,000 ordinary shares
The shares were purchased at a price of 30.2 pence per share
This increases Mr. Riechert's total beneficial interest to 3,192,573 ordinary shares, equivalent to 0.82% of the issued share capital

Summary

The chairman of the specialty business services company has purchased additional shares, increasing his stake to 0.82% of the issued share capital.

Software Circle plc has announced that Matthias Riechert, the Chairman and PDMR, has purchased 469,000 ordinary shares at a price of 30.2 pence per share through his entity Maxigendance Limited. This increases Mr. Riechert's total beneficial interest in the company to 3,192,573 ordinary shares, equivalent to 0.82% of the issued share capital. The RNS is a routine regulatory announcement regarding a director's personal share dealings and is not expected to have a material financial impact on the company.

DIRECTOR DEALINGS

SFT