Merit Group Plc (GB:MRIT) has released an update.
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Merit Group PLC has announced that their CEO & CFO, Philip Machray, has increased his stake in the company, purchasing a total of 125,000 Ordinary Shares at 63 pence each, on May 7 and May 8, 2024. This investment raises Machray’s total interest in the company to 1.13% of the issued share capital. The move is a significant display of confidence in the company’s financial health and future prospects.
For further insights into GB:MRIT stock, check out TipRanks’ Stock Analysis page.
