Broadcast and Streaming Software Behemoth Sees Vote of Confidence with Chairman’s Share Purchases

Published: 28 Apr 2025
John Varney, Non-Executive Chairman of Pebble Beach Systems Group, recently purchased 150,000 shares in the brand.

In a move that signals confidence in the company’s future, John Varney, Non-Executive Chairman of Pebble Beach Systems Group, recently acquired 150,000 ordinary shares of 2.5p each at a price of 6.5 pence per ordinary share. This investment fortifies Varney’s existing stake, bringing his total holding to 1,212,229 ordinary shares, which accounts for 0.97% of Pebble’s issued share capital. The significant purchase occurred on 23rd April 2025. Pebble Beach Systems, an AIM listed company, continues to make waves as a global leader in software solutions specialising in playout automation and integrated channel solutions for the broadcast and streaming markets. The company was established in 2000 and has since commissioned systems in over 70 countries. With over 2000 channels currently on-air via their automation technology, its presence is undeniably global. Varney’s investment in the shares of the company demonstrates his unabated belief in Pebble Beach System’s potential and continued success. It’s a clear indication of the confidence high level management possess in the firm’s future. In an age where software solutions are soaring in demand, Varney’s move may well fortify investors’ confidence in the company, too. The transaction took place on the London Stock Exchange, with Cavendish Capital Markets Limited acting as the nominated adviser and broker. Timely disclosure of such management transactions is part of the company’s commitment to uphold principles of transparency and good corporate governance. More details and further information about Pebble Beach Systems’ endeavours and developments can be obtained by contacting Chief Executive Peter Mayhead or the representatives at Cavendish Capital Markets Limited.