Super Group Chairman Buys 100,000 Shares
Ticker: SGHC · Form: 6-K · Filed: Jun 7, 2024 · CIK: 1878057
| Field | Detail |
|---|---|
| Company | Super Group (Sghc) LTD (SGHC) |
| Form Type | 6-K |
| Filed Date | Jun 7, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $3.47 |
| Sentiment | bullish |
Sentiment: bullish
Topics: insider-buy, management-confidence, open-market-purchase
Related Tickers: SGHC
TL;DR
Chairman Grubman just bought 100K SGHC shares for ~$3.47 avg. Bullish signal?
AI Summary
On June 6, 2024, Super Group (SGHC) Limited announced that its Chairman, Eric Grubman, purchased 100,000 ordinary shares between May 10, 2024, and June 4, 2024. The average purchase price was approximately $3.47 per share, totaling an investment of about $347,000.
Why It Matters
An insider purchase by the Chairman can signal confidence in the company's future prospects and potentially influence investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of an insider stock purchase, which is generally considered low risk.
Key Numbers
- 100,000 — Shares Purchased (Represents a significant personal investment by the Chairman.)
- $3.47 — Average Share Price (Indicates the price point at which the Chairman entered the market.)
- ~$347,000 — Total Investment (The approximate capital deployed by the Chairman.)
Key Players & Entities
- Super Group (SGHC) Limited (company) — The company making the announcement.
- Eric Grubman (person) — Chairman of the board of directors who purchased shares.
- 100,000 (dollar_amount) — Number of ordinary shares purchased.
- $3.47 (dollar_amount) — Average price per share.
- $347,000 (dollar_amount) — Approximate total value of the share purchase.
- May 10, 2024 (date) — Start date of the share purchase period.
- June 4, 2024 (date) — End date of the share purchase period.
- June 6, 2024 (date) — Date the company was notified of the purchase.
FAQ
Who purchased the ordinary shares of Super Group (SGHC) Limited?
Eric Grubman, the chairman of the Company's board of directors, purchased the shares.
How many ordinary shares did Eric Grubman purchase?
Eric Grubman purchased a total of 100,000 ordinary shares.
What was the average price per share for these purchases?
The average price per share was approximately $3.47.
Between what dates did these open market transactions occur?
The transactions occurred between May 10, 2024, and June 4, 2024.
When was the company notified of this purchase?
The Company was notified on June 6, 2024.
Filing Stats: 240 words · 1 min read · ~1 pages · Grade level 11.3 · Accepted 2024-06-07 06:36:25
Key Financial Figures
- $3.47 — 4, at an average price of approximately $3.47 per share. Following the open market pu
Filing Documents
- d821346d6k.htm (6-K) — 8KB
- 0001193125-24-156629.txt ( ) — 9KB
From the Filing
6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2024 Commission File Number: 001-41253 Super Group (SGHC) Limited (Translation of registrants name into English) Super Group (SGHC) Limited Bordeaux Court, Les Echelons St. Peter Port, Guernsey, GY1 1AR Telephone: +44 (0) 14 8182-2939 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-FForm 40-F CONTENTS On June 6, 2024, Super Group (SGHC) Limited (the Company) was notified by Eric Grubman, the chairman of the Companys board of directors, that he purchased a total of 100,000 ordinary shares of the Company in open market transactions between May 10, 2024 and June 4, 2024, at an average price of approximately $3.47 per share. Following the open market purchases described above, Mr. Grubman holds 1,969,259 ordinary shares. Mr. Grubman and his spouse are also trustees of trusts that hold an aggregate of 1,697,806 ordinary shares of the Company. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SUPER GROUP (SGHC) LIMITED Date: June 7, 2024 By: /s/ Robert James Dutnall Name: Robert James Dutnall Title: Authorized Signatory