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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Kazera Global interim CEO raises stake

(Sharecast News) - Kazera Global revealed on Wednesday that interim chief executive Richard Jennings had acquired 6.5m ordinary shares in the AIM-listed investment firm. Jennings, who was named interim CEO earlier in April, purchased the shares on Tuesday at an average price of 1p each, for a total value of £65,000.

Following the transaction, Jennings has a beneficial interest in 250.23m ordinary Kazera shares, representing 22.69% of the company's issued share capital.

As of 1430 BST, Kazera shares were up 6.67% at 1.28p.

Reporting by Iain Gilbert at Sharecast.com

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Kazera Global (KZG) Director name: Jennings,Richard Amount purchased: 6,500,000 @ 1.00p Value: £65,000.00

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.