SDI Group Chair Increases Stake with Significant Share Purchase

SDI Group ( (GB:SDI) ) has issued an update.

SDI Group plc announced that Ken Ford, the Non-Executive Chair, has purchased 100,000 ordinary shares in the company, increasing his total shareholding to approximately 1.06% of the issued share capital. This transaction reflects confidence in the company’s strategic direction and may positively influence stakeholder perceptions, potentially enhancing SDI’s market position and investor relations.

More about SDI Group

SDI Group plc is a conglomerate of small to medium-sized companies that focus on specialist industrial and scientific products. The group operates in growth sector niches, providing solutions for key challenges in the life sciences, healthcare, plastics and packaging, manufacturing, precision optics, and measurement instrumentation markets. SDI specializes in acquiring and developing companies that design and manufacture products for lab equipment, industrial and scientific sensors, and other related products, aiming for growth through organic development and strategic acquisitions.

YTD Price Performance: -9.57%

Average Trading Volume: 231,112

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £59.39M

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