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Bezant Chairman Colin Bird Increases Stake with 30 Million-Share Purchase

Story Highlights
  • Bezant’s executive chairman Colin Bird bought 30 million new shares, raising his stake to 6.10 percent.
  • The sizeable insider purchase under UK MAR may signal management confidence and influence investor sentiment on Bezant’s outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bezant Chairman Colin Bird Increases Stake with 30 Million-Share Purchase

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Bezant Resources ( (GB:BZT) ) has issued an update.

Bezant Resources has disclosed that its executive chairman, Colin Bird, purchased 30 million additional ordinary shares in the company at an average price of 0.0745 pence per share, increasing his holding to 1.063 billion shares, or 6.10% of the company’s issued share capital. The insider purchase, made in compliance with UK Market Abuse Regulations, signals heightened executive confidence in the company’s prospects and will be closely watched by investors as a potential indicator of management’s outlook on Bezant’s future performance and valuation.

More about Bezant Resources

Bezant Resources Plc is a copper-gold exploration and development company listed on AIM, focusing on identifying and advancing mineral projects with exposure to copper and gold markets.

Average Trading Volume: 102,369,499

Technical Sentiment Signal: Hold

Current Market Cap: £12.86M

Find detailed analytics on BZT stock on TipRanks’ Stock Analysis page.

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