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JTC CEO Pledges Shares for Personal Loan
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JTC CEO Pledges Shares for Personal Loan

JTC PLC (GB:JTC) has released an update.

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JTC PLC’s CEO, Nigel Le Quesne, has pledged 2.68 million of his ordinary shares in the company as security for a £5 million personal loan, signifying his confidence in the firm’s future. Despite the pledge, Le Quesne retains full voting rights and remains the largest shareholder of JTC, holding 10.89 million shares, which is about 6.49% of the issued share capital.

For further insights into GB:JTC stock, check out TipRanks’ Stock Analysis page.

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