Social Housing REIT Director Increases Stake
Why we think this is neutral
This RNS announcement is a routine disclosure of director share dealings, which does not contain any significant business updates or financial information. While it indicates increased insider ownership, which can be a positive signal, the overall impact on the company's performance is likely to be limited.
Key Points
- Director Benedict Luke Green acquired 225,000 shares
- Passaic Services Limited, a PCA of Benedict Luke Green, acquired 550,000 shares
- Together, Benedict Luke Green and his PCAs now hold 986,311 shares, representing 0.25% of the company's issued share capital
Summary
The director of this major real estate investment trust has increased their personal shareholding in the company.
Social Housing REIT plc has announced that one of its directors, Benedict Luke Green, and a Person Closely Associated with him, Passaic Services Limited, have acquired additional ordinary shares in the company. This increases the director's total shareholding, along with that of his PCAs, to 986,311 shares, representing 0.25% of the company's issued share capital.
DIRECTOR DEALINGS