Ferrexpo Executives Acquire Shares Under LTIP

Ferrexpo ( (GB:FXPO) ) has issued an announcement.

Ferrexpo plc announced that several of its directors and senior managers, including Nikolay Kladiev, Yaroslavna Blonska, Viktor Lotous, and Greg Nortje, have acquired beneficial interests in ordinary shares as part of the company’s Long-Term Incentive Plan (LTIP). The transactions were conducted on the London Stock Exchange, with shares priced at GBP 0.4774 each. This move highlights the company’s commitment to aligning management interests with shareholder value, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (GB:FXPO) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Ferrexpo stock, see the GB:FXPO Stock Forecast page.

Spark’s Take on GB:FXPO Stock

According to Spark, TipRanks’ AI Analyst, GB:FXPO is a Neutral.

Ferrexpo’s overall score is heavily impacted by financial instability, negative technical trends, and adverse corporate events. The company’s declining financial performance and strategic challenges in Ukraine pose significant risks.

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

More about Ferrexpo

Ferrexpo plc is a leading iron ore pellet producer, primarily serving the global steel industry. The company is headquartered in Switzerland and operates mines in Ukraine, focusing on the production of high-quality iron ore pellets for the international market.

Average Trading Volume: 2,562,591

Technical Sentiment Signal: Sell

Current Market Cap: £277.7M

For a thorough assessment of FXPO stock, go to TipRanks’ Stock Analysis page.