tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RC Fornax Managing Director Increases Shareholding

Story Highlights
RC Fornax Managing Director Increases Shareholding

Claim 50% Off TipRanks Premium and Invest with Confidence

RC Fornax plc ( (GB:RCFX) ) has provided an announcement.

RC Fornax PLC announced that its Managing Director, Chris Brooks, acquired 28,110 ordinary shares of the company, increasing his total shareholding to 56,402 shares, which represents approximately 0.1% of the company’s total voting rights. This transaction highlights a potential vote of confidence in the company’s future prospects by its management, which could positively influence stakeholder perception and market positioning.

More about RC Fornax plc

RC Fornax PLC is an AIM-quoted company that provides outcome-based engineering solutions to the UK defence industry. It was founded in 2021 by RAF veterans Paul Reeves and Daniel Clark, who aim to improve project efficiencies and drive value for money in the sector.

Average Trading Volume: 324,524

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.52M

Find detailed analytics on RCFX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1