LONDON - Raspberry Pi Holdings plc, the company known for its affordable computing solutions, disclosed a transaction involving Elizabeth Upton, an associate of CEO Eben Upton. According to the notification, Elizabeth Upton sold 30,000 ordinary shares of Raspberry Pi at a price of £6.195738 per share on the London Stock Exchange (LON:LSEG)’s Main Market on December 31, 2024.
The transaction was reported to Raspberry Pi Holdings plc as an initial notification, which is a standard procedure for transactions involving persons closely associated with persons discharging managerial responsibilities (PDMRs). Elizabeth Upton’s connection to the CEO places her in the category of persons closely associated with a PDMR.
The sale took place under the legal entity identifier code 984500F5FB0E4FEBED17. The ordinary shares sold by Elizabeth Upton have an identification code of ISIN: GB00BS3DYQ52.
This information is based on a press release statement and reflects a single transaction on the specified date. The disclosure of such transactions is a regulatory requirement and provides transparency regarding the trading activities of company insiders and their associates.
Raspberry Pi’s announcement does not imply any further significance to the transaction beyond the regulatory disclosure. It is not uncommon for individuals associated with company executives to buy or sell shares, and such transactions are routinely reported to the market in accordance with financial regulations.
The sale of shares by Elizabeth Upton represents a straightforward financial transaction without additional context provided regarding the reasons for the sale. The company has not made any further statements about the transaction.
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