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An announcement from discoverIE Group plc ( (GB:DSCV) ) is now available.
discoverIE Group plc announced that Clive Watson, a Non-Executive Director, has acquired 175 Ordinary Shares as part of a dividend reinvestment plan, bringing his total shareholding to 31,471 shares. This purchase, which represents approximately 0.03% of the company’s issued share capital, underscores management’s confidence in the company’s growth strategy and market position, particularly in its focus areas driven by sustainability and technological advancement.
More about discoverIE Group plc
discoverIE Group plc is an international company specializing in the design and manufacture of customized electronic components for industrial use. It serves OEMs globally through its Magnetics & Controls and Sensing & Connectivity divisions, focusing on sectors like medical, transportation electrification, renewable energy, security, and industrial automation. With a commitment to sustainability and structural growth, discoverIE has over 4,500 employees across 20 countries and holds a strong ESG rating.
YTD Price Performance: -17.48%
Average Trading Volume: 201,492
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £564.4M
Find detailed analytics on DSCV stock on TipRanks’ Stock Analysis page.