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Creo Medical Chairman Increases Stake with Significant Share Purchase

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Creo Medical Chairman Increases Stake with Significant Share Purchase

Confident Investing Starts Here:

Creo Medical ( (GB:CREO) ) has shared an announcement.

Creo Medical Group PLC announced that its Non-Executive Chairman, Kevin T. Crofton, has acquired 701,750 ordinary shares of the company at an average price of 15.75 pence per share. This transaction, conducted on the London Stock Exchange, increases Crofton’s total shareholding to 5,447,416 shares, representing 1.32% of voting rights. The acquisition signifies confidence in the company’s strategic direction and could positively influence stakeholder perceptions and market positioning.

More about Creo Medical

Creo Medical is a medical device company focused on developing and commercializing minimally invasive electrosurgical devices. The company aims to enhance patient outcomes through its CROMA technology, powered by Kamaptive, which integrates multi-modal energy sources for surgical procedures. This technology offers clinicians flexibility, precision, and control, potentially transforming surgery and endoscopy by providing safer, less-invasive, and cost-efficient options.

Average Trading Volume: 1,753,611

Technical Sentiment Signal: Sell

Current Market Cap: £61.87M

For detailed information about CREO stock, go to TipRanks’ Stock Analysis page.

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