Xeros Director Increases Shareholding
Why we think this is neutral
This appears to be a routine regulatory announcement regarding a director's share purchase, with no additional context or commentary provided that would suggest a material impact on the company's prospects or valuation.
Key Points
- Non-executive director Klaas de Boer purchased 3,000,000 ordinary shares at 0.82p per share
- Klaas de Boer's beneficial holding increased to 11,383,333 ordinary shares
Summary
The industrial machinery company's director has purchased 3 million shares, increasing their stake.
Xeros Technology Group plc (AIM: XSG) has announced that Klaas de Boer, the Non-executive director, has purchased 3,000,000 ordinary shares at a price of 0.82p per share, increasing his beneficial holding to 11,383,333 ordinary shares.
DIRECTOR DEALINGS