Sancus Lending Group Limited ( (GB:LEND) ) has shared an announcement.
Sancus Lending Group Limited announced that its CEO, Rory Mepham, has purchased 1,000,000 ordinary shares of the company at a price of 0.49 pence per share, increasing his total shareholding to 7,000,000 shares, which represents 1.20% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, signifies a vote of confidence from the CEO in the company’s future prospects and may positively influence stakeholder perceptions and market positioning.
More about Sancus Lending Group Limited
Sancus Lending Group Limited operates in the financial services industry, focusing on providing alternative lending solutions. The company is known for offering secured loans to small and medium-sized enterprises (SMEs) and property developers, primarily in the UK and Europe.
YTD Price Performance: 11.11%
Average Trading Volume: 146,693
Technical Sentiment Signal: Buy
Current Market Cap: £2.86M
For a thorough assessment of LEND stock, go to TipRanks’ Stock Analysis page.