Tern Director Purchases Shares
Why we think this is neutral
The RNS announcement is about a director share purchase, which is not a mandatory news type that requires detailed analysis. While director share purchases can be a positive signal, the information provided is limited and does not warrant a strong sentiment score.
Key Points
- Non-Executive Chairman Ian Ritchie purchased 227,688 ordinary shares in Tern Plc
- Shares were purchased at a price of 1.538 pence per share
- Following the purchase, Ian Ritchie now holds 2,504,575 ordinary shares, approximately 0.43% of the company's total voting rights
Summary
The non-executive chairman of the asset management firm has purchased additional shares in the company.
Tern Plc (AIM:TERN) has announced that its Non-Executive Chairman, Ian Ritchie, has purchased 227,688 ordinary shares in the company at a price of 1.538 pence per share. Following this purchase, Ian Ritchie now holds 2,504,575 ordinary shares, representing approximately 0.43% of the company's total voting rights.
DIRECTOR DEALINGS