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Getech CEO Executes Strategic Share Transaction

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Getech CEO Executes Strategic Share Transaction

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An announcement from Getech Group plc ( (GB:GTC) ) is now available.

Getech Group plc announced a transaction involving its CEO, Christopher Jepps, who executed a ‘Bed and ISA’ transaction by selling and then acquiring 950,000 ordinary shares of the company. This transaction was conducted to manage his shareholding without altering his total beneficial interest, which remains at 2,057,006 shares, representing 1.35% of the company’s issued share capital. The move reflects a strategic financial decision by the CEO, maintaining his stake in the company while potentially optimizing tax efficiency.

More about Getech Group plc

Getech Group plc is a leading company in the field of locating subsurface resources. The company focuses on providing geoscience data, knowledge, and expertise to help clients in the energy sector discover and manage natural resources effectively.

Average Trading Volume: 388,518

Technical Sentiment Signal: Strong Sell

Current Market Cap: £2.75M

For an in-depth examination of GTC stock, go to TipRanks’ Stock Analysis page.

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