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Journeo Announces New Share Issuance and PDMR Dealings
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Journeo Announces New Share Issuance and PDMR Dealings

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Invest with Confidence:

The latest update is out from Journeo ( (GB:JNEO) ).

Journeo plc has announced the issuance of 477,187 new ordinary shares following the exercise of options by employees and PDMR dealings. This includes significant transactions by CEO Russ Singleton and CFO Nick Lowe, which have resulted in changes to their shareholdings. These transactions signal strong internal confidence in the company’s future performance and contribute to the company’s strategic growth and market positioning. The new shares are expected to begin trading on AIM on 29 January 2025, increasing Journeo’s total ordinary shares in issue to 16,951,678.

More about Journeo

Journeo plc is a prominent Intelligent Transport Systems provider, delivering solutions across towns, cities, airports, and public transport networks. The company collaborates with local and combined authorities, Network Rail, and major multinational transport operators to enhance efficiency and sustainability in public transportation. Journeo operates through five subsidiaries, offering services like CCTV surveillance, telematics, electronic public transport information systems, and more, while emphasizing innovative, IoT-integrated solutions.

YTD Price Performance: 3.00%

Average Trading Volume: 53,635

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £48.02M

See more data about JNEO stock on TipRanks’ Stock Analysis page.

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