I noticed Premier Foods (PFD) had this announcement this week. They are ordinary shares and sold and purchased at pretty much the same price. Must be being dull, but can’t see the advantage of this and is it a good or bad sign? Thanks .
The Company announces that on 19 May 2023, Tim Elliott, a PDMR of the Company,
sold 10,000 ordinary shares of 10p each in the Company ('Shares') at a price
of 132.20p per Share and purchased 12,439 Shares (2,500 Shares at a price of
131.24p and 9,939 Shares at a price of 132.20p).