discoverIE Group plc Director’s Family Member Acquires Shares

An announcement from discoverIE Group plc ( (GB:DSCV) ) is now available.

discoverIE Group plc announced that Mary Watson, wife of Non-Executive Director Clive Watson, acquired 5,000 ordinary shares in the company. This transaction increases Clive Watson’s interest to 36,471 shares, representing approximately 0.04% of the company’s voting share capital. The acquisition reflects continued confidence in the company’s strategic direction and market positioning, which is focused on sustainable growth and innovation in the electronics industry.

More about discoverIE Group plc

discoverIE Group plc is an international company specializing in the design and manufacture of innovative electronic components for industrial applications. The company operates through two main divisions, Magnetics & Controls and Sensing & Connectivity, providing application-specific components to original equipment manufacturers globally. With a focus on markets such as medical, transportation electrification, renewable energy, security, and industrial automation, discoverIE aims for organic growth and sustainability, boasting an ESG ‘AA’ rating by MSCI.

YTD Price Performance: -23.64%

Average Trading Volume: 194,150

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £522.3M

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