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Portmeirion ( (GB:PMP) ) has shared an update.
Portmeirion Group PLC announced that its Non-Executive Chairman, Peter Tracey, has purchased 10,000 ordinary shares at £1.7950 per share, increasing his total shareholding to 140,000 shares, which represents approximately 1.00% of the company’s issued share capital. This transaction, conducted through Hurtwood Capital Limited, part of the Tracey Family Office, signifies a vote of confidence in the company’s future prospects and may influence stakeholder perception positively.
More about Portmeirion
Portmeirion Group PLC is a global homewares brand group based in Stoke-on-Trent, England. The Group owns six heritage and contemporary brands: Spode, Portmeirion, Royal Worcester, Pimpernel, Wax Lyrical, and Nambé. It serves diversified international markets, with key geographies in North America, the UK, and South Korea.
YTD Price Performance: -8.33%
Average Trading Volume: 23,670
Technical Sentiment Signal: Strong Buy
Current Market Cap: £22.7M
For a thorough assessment of PMP stock, go to TipRanks’ Stock Analysis page.