LONDON - Cambridge Cognition Holdings (LON:COGC) Plc (AIM: COG), a company specializing in digital solutions for brain health assessment, announced that on Sunday, Stuart Gall, a Non-Executive Director, acquired 31,250 ordinary shares at a price of 32 pence each. Following this transaction, Mr. Gall's total holding in the company amounts to 68,750 ordinary shares, which is approximately 0.16% of Cambridge Cognition's issued share capital.
The purchase took place on the London Stock Exchange (LON:LSEG) and is an initial notification, as disclosed by the company. The shares purchased are ordinary shares with an identification code of GB00B8DV9647. There was no aggregated information provided for the transaction, as it was a single purchase.
Cambridge Cognition is known for its work in developing and marketing digital tools aimed at understanding and assessing cognitive health. The company's shares are traded on the AIM market of the London Stock Exchange.
The disclosure of this transaction is in line with regulatory requirements that mandate the public reporting of share dealings by senior executives and persons with managerial responsibility within listed companies. Such transparency is intended to maintain fair and open markets, allowing investors to see how insiders are interacting with their company's stock.
This transaction is a direct financial investment by Mr. Gall into Cambridge Cognition, indicating his personal financial confidence in the company's prospects. Investors often monitor insider transactions as they can provide insights into the executives' views on the company's valuation and future performance.
The information for this article is based on a press release statement from Cambridge Cognition Holdings Plc.
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