Cavendish plc (AIM: CAV), the London-based investment banking and broking group, has disclosed that three of its most senior directors purchased ordinary shares in the company on 11 November 2026, with transactions notified to the market on 12 November 2026 in accordance with UK Market Abuse Regulation requirements. Chair Lisa Gordon, Chief Executive Officer Julian Morse, and Chief Financial Officer Ben Procter each acquired shares on the London Stock Exchange at prices ranging from 5.95 pence to 6.30 pence per share. The coordinated buying across the full executive leadership team is a development that investors in AIM-listed financial services companies will typically note with interest.

Key Points

  • Cavendish plc (AIM: CAV) is an AIM-listed investment banking and broking group
  • Chair Lisa Gordon, CEO Julian Morse, and CFO Ben Procter all purchased ordinary shares on 11 November 2026
  • Prices paid ranged from 5.95p to 6.30p per share; resulting shareholdings are 1,932,428 shares (Gordon, 0.50%), 9,251,727 shares (Morse, 2.37%), and 2,260,982 shares (Procter, 0.58%)
  • Investors may be watching whether further director purchases follow and what the transactions signal about board sentiment towards the company's current valuation

Lisa Gordon Acquires 813,008 Shares at 6.30p, Lifting Her Stake to 0.50%

Cavendish Chair Lisa Gordon purchased 813,008 ordinary shares of 1 pence nominal value each at a price of 6.30 pence per share on 11 November 2026, in a single transaction executed on the London Stock Exchange. Following the purchase, her resulting shareholding stands at 1,932,428 ordinary shares, representing 0.50% of the company's issued share capital. The transaction was notified as an initial disclosure under UK Market Abuse Regulation. Gordon's purchase at 6.30 pence represents the highest price paid among the three directors on the same date, with her total consideration not separately stated in the announcement beyond the per-share price and volume disclosed.

CEO Julian Morse Buys One Million Shares, Reaching a 2.37% Stake in Cavendish

Chief Executive Officer Julian Morse made the largest single purchase by volume, acquiring 1,000,000 ordinary shares at 6.00 pence each on 11 November 2026, also via the London Stock Exchange. His resulting shareholding following the transaction is 9,251,727 ordinary shares, equating to 2.37% of Cavendish's issued share capital — the largest proportional holding among the three directors who disclosed transactions on this date. Morse's purchase reinforces his position as a significant individual shareholder in the AIM-listed firm and reflects a meaningful personal commitment to the company at prevailing market prices.

CFO Ben Procter Executes Two-Tranche Purchase Totalling 206,440 Shares for £12,301

Chief Financial Officer Ben Procter's acquisition was executed across two price points: 132,122 shares at 5.9600 pence and 74,318 shares at 5.9500 pence, together totalling 206,440 shares at an aggregated consideration of £12,301.45, as stated in the announcement. His resulting shareholding is 2,260,982 ordinary shares, representing 0.58% of issued share capital. Procter's two-tranche structure was the only transaction among the three to reflect split-price execution, with both legs completed on 11 November 2026 on the London Stock Exchange and disclosed as initial notifications under UK Market Abuse Regulation requirements.

All Three Transactions Reported Under UK Market Abuse Regulation on AIM-Listed CAV

All three purchases were conducted in British pounds in ordinary shares carrying a nominal value of £0.01 each, identified by ISIN GB00BGKPX309. The notifications were each filed as initial disclosures, confirming no prior notifications had been made for these specific transactions. Cavendish plc operates as an investment banking and broking business listed on AIM. The simultaneous open-market buying by its Chair, Chief Executive, and Chief Financial Officer across a narrow price range of 5.95p to 6.30p represents a notable alignment of insider activity that investors may monitor alongside any forthcoming operational or financial updates from the group.