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The latest update is out from Insight Business Support Plc ( (GB:KLSO) ).
Kelso Group Holdings Plc announced that The Freelands Pension Trust, whose sole beneficiary is CEO John Goold, has purchased 846,971 ordinary shares in Kelso, increasing Goold’s total beneficial holding to 12.1% of the company’s issued share capital. This transaction highlights the CEO’s confidence in the company’s strategy and potential, which may positively influence stakeholder perception and market positioning.
More about Insight Business Support Plc
Kelso Group Holdings Plc is an acquisition vehicle established in November 2022, focusing on identifying and unlocking trapped value in the UK stock market. The company invests in situations where there is a discrepancy between a company’s intrinsic value and its market valuation, aiming to capitalize on undervalued opportunities. Kelso’s investment portfolio includes stakes in companies like NCC Plc, Selkirk, THG Plc, Angling Direct Plc, and TheWorks.co.uk Plc.
Average Trading Volume: 1,025,730
Technical Sentiment Signal: Sell
See more data about KLSO stock on TipRanks’ Stock Analysis page.