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Portmeirion’s Chairman Increases Stake in Company

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Portmeirion ( (GB:PMP) ) has shared an announcement.

Portmeirion Group PLC announced that its Non-Executive Chairman, Peter Tracey, has purchased 30,000 ordinary shares at a price of £1.57188 per share, representing approximately 0.21% of the company’s issued share capital. This transaction, conducted through Hurtwood Capital Limited, part of the Tracey Family Office, may indicate confidence in the company’s future prospects and could potentially impact 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. It serves markets worldwide, with significant demand from North America, the UK, and South Korea.

YTD Price Performance: -8.33%

Average Trading Volume: 22,792

Technical Sentiment Signal: Buy

Current Market Cap: £21.46M

See more data about PMP stock on TipRanks’ Stock Analysis page.

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