Xeros Technology Group Director Increases Shareholding
Why we think this is neutral
This appears to be a routine regulatory announcement regarding a director's purchase of shares, with no material impact on the company's performance or prospects.
Key Points
- Non-executive director David Armfield purchased 2,600,000 ordinary shares
- Shares were purchased at a price of 0.7602p per share
- Armfield's beneficial holding increased to 2,892,857 ordinary shares
Summary
The industrial technology company announced a director has purchased additional shares.
Xeros Technology Group plc (AIM: XSG) has announced that Non-executive director David Armfield purchased 2,600,000 ordinary shares at a price of 0.7602p per share, increasing his beneficial holding to 2,892,857 ordinary shares. The transaction took place on 10 and 11 February 2025.
DIRECTOR DEALINGS