Inside Trade: Non-Executive Chair Steve Bellamy Buys up Big in TheWorks.co.uk

The works are in full steam at TheWorks.co.uk PLC. In a noteworthy turn of events, the company recently revealed that its Non-Executive Chair, Steve Bellamy, has confidently boosted his stake in the firm. The magnitude of his faith in the firm is quite impressive; he purchased a total of 55,000 Ordinary Shares of 1 pence each.

This splurge by Bellamy isn’t just generous but strategic, as he now sits on a beneficial interest in 710,000 Ordinary Shares. This positions him with an enviable 1.14% share of the issued capital of TheWorks.co.uk PLC. A substantial personal investment indeed!

Bellamy is playing his cards smartly in the big trading game. After all, London Stock Exchange XLON has been the stage of the transaction. Often, it’s these power moves by insiders that are a vote of confidence in the company’s future.

This exclusive news has been confirmed by RNS, the London Stock Exchange’s news service. But remember, in the trading game, you win some and lose some, and only time will tell what fruit this decision bears for Bellamy and TheWorks.co.uk PLC.