5 March 2019 – director share purchases
Following the company’s final results announcement, the company’s directors have been buying shares. Most notably, Chairman Sir Peter Wood has acquired 17,783,587 shares, taking his total shareholding to 29.9%. He has commented that the current Gocompare share price does not fully reflect the operational and strategic momentum in the business. He is ‘particularly excited’ about the weflip brand and the potential opportunities it offers. We share Sir Peter Wood’s view and keep our BUY rating.