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Card Factory Announces Share Allotment and CEO Transactions

Story Highlights
  • Card Factory allotted 1,604,977 new shares under its Long Term Incentive Plan.
  • CEO Darcy Willson-Rymer sold shares to cover tax liabilities, with remaining shares held until 2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Card Factory Announces Share Allotment and CEO Transactions

Confident Investing Starts Here:

Card Factory ( (GB:CARD) ) has provided an update.

Card Factory plc announced the allotment of 1,604,977 new ordinary shares following the exercise of nil-cost Restricted Share options under its Long Term Incentive Plan. This includes shares issued to CEO Darcy Willson-Rymer and other employees. Willson-Rymer sold 183,992 shares to cover tax liabilities, with the remainder subject to a holding period until May 2027. The company’s total issued share capital now comprises 349,632,471 ordinary shares, each carrying one vote, which shareholders can use to calculate their interest under FCA rules.

The most recent analyst rating on (GB:CARD) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Card Factory stock, see the GB:CARD Stock Forecast page.

Spark’s Take on GB:CARD Stock

According to Spark, TipRanks’ AI Analyst, GB:CARD is a Outperform.

Card Factory’s strong financial performance and attractive valuation highlight its potential as an investment. Despite the neutral technical indicators, the company’s robust earnings, stable balance sheet, and high dividend yield support a positive outlook.

To see Spark’s full report on GB:CARD stock, click here.

More about Card Factory

Card Factory is the UK’s leading specialist retailer of greeting cards, gifts, and celebration essentials. The company focuses on providing a wide range of affordable products for various occasions, catering primarily to the UK market.

Average Trading Volume: 1,541,765

Technical Sentiment Signal: Buy

Current Market Cap: £321.9M

Learn more about CARD stock on TipRanks’ Stock Analysis page.

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