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Portmeirion Chairman Increases Stake with Significant Share Purchase

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An update from Portmeirion ( (GB:PMP) ) is now available.

Portmeirion Group PLC announced that its Non-Executive Chairman, Peter Tracey, has purchased 100,000 ordinary shares of the company at a price of £1.72875 per share. This transaction increases his total shareholding to 130,000 shares, representing approximately 0.93% of the company’s issued share capital. This move may indicate confidence in the company’s future prospects and could have implications for investor sentiment.

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: -1.11%

Average Trading Volume: 23,137

Technical Sentiment Signal: Buy

Current Market Cap: £22.7M

For detailed information about PMP stock, go to TipRanks’ Stock Analysis page.

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