Regional REIT (GB:RGL) has released an update.
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Daniel Taylor, an independent non-executive director at Regional REIT Limited, along with his closely associated persons, has invested in the company by purchasing 1,537,585 new ordinary shares at £0.10 each. This transaction followed the company’s capital raising event detailed in a prospectus published on June 27, 2024, and the shares were admitted to trading on the London Stock Exchange on July 19, 2024. The purchase signifies a notable investment by a key company director and his associates, reflecting a potential boost in investor confidence.
For further insights into GB:RGL stock, check out TipRanks’ Stock Analysis page.