Watches of Switzerland Group Chair Increases Stake
Why we think this is neutral
The RNS announcement is a routine Director/PDMR Shareholding notification, which does not contain any significant business updates or financial information. While the Chair's purchase of shares may be seen as a positive signal, the overall impact on the company's performance is unclear from the limited details provided.
Key Points
- Chair Ian Carter has purchased 27,500 ordinary shares in Watches of Switzerland Group PLC
- Shares were purchased at an average price of £3.47 per share
Summary
The retailer's Chair has purchased a significant number of shares in the company.
Watches of Switzerland Group PLC has announced that its Chair, Ian Carter, has purchased 27,500 ordinary shares in the company at an average price of £3.47 per share. This transaction increases Carter's total shareholding in the company.
DIRECTOR DEALINGS