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James Latham Issues CSOP Shares to Managing Director Andrew Wright

Story Highlights
  • James Latham issued 486 CSOP shares to Managing Director Andrew Wright at 925p each.
  • The award lifts Wright’s stake to 0.16%, modestly increasing insider alignment without changing capital structure materially.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Latham Issues CSOP Shares to Managing Director Andrew Wright

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James Latham ( (GB:LTHM) ) has shared an update.

James Latham plc has issued 486 ordinary shares under its Company Share Option Plan (CSOP) to Managing Director Andrew Wright at a price of 925 pence per share, increasing his holding to 31,690 ordinary shares, equivalent to 0.16% of the company’s total voting rights. The transaction, conducted outside a trading venue, forms part of the company’s established executive incentive arrangements and marginally raises insider equity ownership, aligning senior management interests more closely with those of shareholders without materially altering the overall capital structure.

The most recent analyst rating on (GB:LTHM) stock is a Hold with a £1002.00 price target. To see the full list of analyst forecasts on James Latham stock, see the GB:LTHM Stock Forecast page.

Spark’s Take on GB:LTHM Stock

According to Spark, TipRanks’ AI Analyst, GB:LTHM is a Neutral.

James Latham’s overall stock score is primarily influenced by its strong balance sheet and reasonable valuation. However, bearish technical indicators and challenges in profitability and cash flow generation weigh down the score. The absence of earnings call data and corporate events means these factors do not contribute to the score.

To see Spark’s full report on GB:LTHM stock, click here.

More about James Latham

James Latham plc is a UK-based company operating in the timber and panel products sector, supplying wood-based materials and related products to construction, manufacturing and other industrial customers. The company is listed on the London market and its shares carry voting rights in line with standard UK corporate governance practices.

Average Trading Volume: 15,112

Technical Sentiment Signal: Sell

Current Market Cap: £191.9M

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

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