Macfarlane ( (GB:MACF) ) has provided an update.
Macfarlane Group PLC announced that its executives, Peter Atkinson and Ivor Gray, acquired shares under the company’s Deferred Bonus Share Plan, with some shares sold to cover tax liabilities. Additionally, the company’s employee benefit trust purchased shares to satisfy future share option exercises, reflecting a strategic move to manage executive compensation and shareholder interests effectively.
More about Macfarlane
Macfarlane Group PLC, listed on the London Stock Exchange since 1973, is a prominent player in the UK packaging industry with over 70 years of experience. The company operates through two divisions: Packaging Distribution, which is the leading UK distributor of protective packaging products, and Manufacturing Operations, a market leader in designing and producing protective packaging for high-value and fragile products. Headquartered in Glasgow, Scotland, Macfarlane Group employs over 1,000 people across 43 sites in the UK, Ireland, Germany, and the Netherlands, serving more than 20,000 customers primarily in the UK and Europe.
YTD Price Performance: -3.26%
Average Trading Volume: 303,937
Technical Sentiment Signal: Buy
Current Market Cap: £166M
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