FDM Group (Holdings) PLC, a global professional services provider focusing on Information Technology, announced that its CEO, COO, CFO, CIO, and Group Governance Director and Company Secretary have acquired ordinary shares in the company from FDM's Employee Benefit Trust. The shares were acquired through the FDM Buy-As-You-Earn Plan. Roderick Flavell, Sheila Flavell, Michael McLaren, Jonathan Young, and Mark Heather purchased 284, 284, 142, 28, and 213 shares, respectively, at a price of £3.51 per share.
The directors will be entitled to acquire Matching Shares in respect of these purchases, subject to their retention of the purchased shares and continued employment. The transaction took place outside a trading venue on 10 May 2024. The notification provides detailed information about the individuals involved, the nature of the transaction, and the financial instruments acquired.
This move demonstrates the directors' confidence in the company's performance and future prospects, as they have chosen to invest in FDM Group (Holdings) PLC through the company's employee share purchase plan.