Breedon (GB:BREE) has released an update.
In a confident move, Abicad Holding Limited, closely associated with Breedon Group plc’s Non-executive Chair Amit Bhatia, purchased 1,250,000 shares of the company at £3.85 each on June 11, 2024. The transaction, carried out on the London Stock Exchange, totaled an investment of £4,812,500. This substantial acquisition underscores a strong belief in Breedon’s potential, signaling a positive outlook to the market.
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