Regional REIT (GB:RGL) has released an update.
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Stephen Inglis, a non-independent Director and CEO of the asset manager for Regional REIT Limited, along with associated parties, has invested in the company by purchasing 5,387,923 new ordinary shares at £0.10 each. These transactions were part of a capital raising initiative detailed in a recent prospectus and were executed on the London Stock Exchange. The move signifies a bolstering of internal confidence in the company’s financial future.
For further insights into GB:RGL stock, check out TipRanks’ Stock Analysis page.