Zegona Communications (GB:ZEG) has released an update.
Zegona Communications’ management team has increased its ownership stake to 7.5% as part of a strategic investment, underscoring their confidence in the company’s future. This move follows the creation of £1.5 billion in shareholder value over the past three years, with Zegona’s market capitalization now exceeding £2.5 billion. The issued shares to management will be held for at least two years, signaling a commitment to long-term value creation for stakeholders.
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