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Portmeirion ( (GB:PMP) ) just unveiled an update.
Portmeirion Group PLC announced that its Chief Executive, Mike Raybould, and Non-Executive Director, Jeremy Wilson, have purchased additional shares in the company. Raybould acquired 5,030 shares, while Wilson purchased 1,000 shares, reflecting their confidence in the company’s future prospects. These transactions slightly increase their respective stakes in the company, with Raybould now holding approximately 0.12% and Wilson 0.01% of the issued share capital. Such insider buying often signals positive sentiment about the company’s future performance, potentially influencing investor perceptions and market positioning.
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, serving diversified international markets including 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
Learn more about PMP stock on TipRanks’ Stock Analysis page.