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PCI Pal CEO Increases Stake with Share Purchase

Story Highlights
  • PCI Pal provides SaaS solutions for secure payment processing across various communication channels.
  • CEO James Barham’s share purchase increases his stake to 0.36% of PCI Pal’s voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PCI Pal CEO Increases Stake with Share Purchase

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PCI PAL ( (GB:PCIP) ) has provided an update.

PCI Pal PLC announced that its CEO, James Barham, has purchased 33,851 ordinary shares of the company, increasing his beneficial interest to 260,152 shares, which represents 0.36% of the company’s total voting rights. This transaction, conducted on the London Stock Exchange’s AIM Market, signifies a vote of confidence in the company’s future prospects and may positively impact stakeholder perception and market positioning.

More about PCI PAL

PCI Pal is a leading provider of Software-as-a-Service (SaaS) solutions that enable companies to securely process payments while adhering to strict industry regulations. The company’s products are designed to secure payments and data across various business communication channels, including voice, chat, social media, email, and contact centers. PCI Pal’s solutions are integrated with and resold by major business communications vendors and payment service providers, and are hosted on a global cloud platform through Amazon Web Services (AWS) with regional instances in EMEA, North America, and ANZ.

YTD Price Performance: 1.61%

Average Trading Volume: 69,985

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £45.64M

See more insights into PCIP stock on TipRanks’ Stock Analysis page.

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