abrdn Director Buys Shares, Signaling Confidence

Standard Life Investments Property Income (GB:API) has released an update.

Michael Bane, a Non-Executive Director and PDMR of abrdn Property Income Trust Limited, has acquired 66,700 ordinary shares at 53p each on the London Stock Exchange. This initial notification signals a vote of confidence in the company, as insider acquisitions often suggest optimism regarding the firm’s future prospects. The transaction took place on May 31, 2024, and was conducted in GBP.

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