Zegona CEO Transfers Shares to Family Company

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The latest announcement is out from Zegona Communications ( (GB:ZEG) ).

Zegona Communications PLC announced that its Chairman and CEO, Eamonn O’Hare, has transferred his entire shareholding of 35,327,787 ordinary shares to his family investment company for estate planning purposes. Despite the transfer, O’Hare maintains full control over the shares, representing 4.65% of the company’s issued share capital, ensuring stability in his influence over the company’s decisions.

More about Zegona Communications

YTD Price Performance: 78.38%

Average Trading Volume: 267,510

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.51B

For an in-depth examination of ZEG stock, go to TipRanks’ Stock Analysis page.

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