C&C Group PLC has announced that Feargal O'Rourke, an independent Non-Executive Director, has purchased 50,000 ordinary shares of the company at a price of £1.560 per share, totaling £78,000. The transaction took place on 16th August 2024. This notification of the transaction is in accordance with regulatory requirements.
This purchase by Feargal O'Rourke demonstrates confidence in the company's performance and future prospects. It also indicates a positive outlook from a key member of the management team. Such transactions by persons discharging managerial responsibilities provide insights into the company's internal sentiment and can influence investor confidence.