XP Factory Directors Increase Shareholdings
Why we think this is neutral
This RNS announcement details the purchase of shares by XP Factory's directors and PDMRs under the company's Share Incentive Plan. While it is positive to see the directors increasing their stake in the business, the announcement does not contain any financial or operational updates that would significantly impact the company's performance or outlook.
Key Points
- Directors and PDMRs purchased shares under the company's Share Incentive Plan
- Shares acquired at 11.4 pence per share, with matching shares awarded
- Transactions increase the directors' total beneficial holdings in the company
Summary
The leisure company's directors have acquired additional shares in the business through the employee share scheme.
XP Factory plc (AIM: XPF) has announced that several of its directors and PDMRs have purchased ordinary shares in the company under the terms of its Share Incentive Plan. The shares were acquired at a price of 11.4 pence per share, with the directors also receiving matching shares at no cost.
DIRECTOR DEALINGS