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Made Tech Group PLC ( (GB:MTEC) ) just unveiled an announcement.
Made Tech Group PLC announced that Chris Blackburn will step down from his role as Executive Director on July 25, 2025, to pursue new opportunities. Blackburn, who holds a significant shareholding in the company, will remain a committed shareholder and has agreed to a 12-month share lock-in agreement. His departure marks the end of a 13-year tenure during which he played a crucial role in the company’s journey. CEO Rory MacDonald expressed gratitude for Blackburn’s contributions, while Blackburn noted the company’s strong market position and expressed confidence in its future.
Spark’s Take on GB:MTEC Stock
According to Spark, TipRanks’ AI Analyst, GB:MTEC is a Neutral.
Made Tech Group PLC’s overall stock score reflects a challenging financial situation with declining revenue and profitability issues, countered by a strong balance sheet. The technical analysis indicates weak momentum, and the valuation is unattractive due to a negative P/E ratio. However, recent corporate events show promising growth and strategic wins, providing a positive outlook for potential recovery.
To see Spark’s full report on GB:MTEC stock, click here.
More about Made Tech Group PLC
Made Tech is a provider of digital, data, and technology services aimed at enabling digital transformation for central government, healthcare, local government organizations, and other regulated industries. The company’s strategic missions include modernizing legacy technology, accelerating digital service delivery, enhancing decision-making through data, and building better systems. Made Tech operates from four UK locations: London, Manchester, Bristol, and Swansea.
Average Trading Volume: 247,055
Technical Sentiment Signal: Buy
Current Market Cap: £45.53M
Learn more about MTEC stock on TipRanks’ Stock Analysis page.