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MBH Corporation Plc recently announced an acquisition transaction involving Callum Laing, a member of its managing body. On October 1, 2021, Laing acquired 49,600 shares at a price of 0.248 EUR per share, totaling 12,284.80 EUR. The transaction was executed outside of a trading venue and signifies a direct investment in the company by an executive member, which could bolster investor confidence.
MBH Corporation reported impressive results for the first half of 2021, with revenues soaring by 81% to £49.6 million compared to £27.4 million in 2020. The company's EBIT increased by 271% to £3.0 million from £0.8 million last year. The net profit after tax stood at £1.9 million, attributed to the success of four new acquisitions. The strong financial position includes a net asset value of £62.7 million and a net cash position of £6.3 million. CEO Callum Laing expressed optimism about the company’s ability to navigate ongoing pandemic challenges.
MBH Corporation plc has appointed Margaret Manning, OBE, as the new non-executive Chairperson of its Board of Directors, effective August 1, 2021. Manning succeeds Lana Coronado, who is stepping down to spend more time with her family after a year of service. Manning brings extensive experience, including her role at the UK-ASEAN Business Council, and has been recognized for her contributions to British exports. The leadership transition aims to enhance opportunities for MBH's growth and shareholder value.
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