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Tekmar CEO Increases Stake in Company Shares
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Tekmar CEO Increases Stake in Company Shares

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The latest announcement is out from Tekmar Group plc ( (GB:TGP) ).

Tekmar Group plc announced that its CEO, Richard Turner, has purchased 799,313 ordinary shares of the company at a price of 7.5 pence per share. This transaction signifies a vote of confidence from the CEO in Tekmar’s strategic direction and potential for growth in the offshore energy market, potentially strengthening stakeholder trust and company positioning.

More about Tekmar Group plc

Tekmar Group plc is a leading provider of technology and services for the global offshore energy markets. The company specializes in delivering engineering-led solutions for offshore wind farms and marine infrastructure. Their services include geotechnical design, simulation and engineering analysis, subsea protection, and stability technology, aiming to support energy transition and reduce project risks and costs. With a strategic focus on providing integrated and differentiated technology, Tekmar operates globally with presence in Europe, Africa, the Middle East, Asia Pacific, and North America.

YTD Price Performance: 0%

Average Trading Volume: 162,362

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £7.91M

Learn more about TGP stock on TipRanks’ Stock Analysis page.

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