Van Elle CEO Increases Stake in Company

An update from Van Elle Holdings ( (GB:VANL) ) is now available.

Van Elle Holdings PLC announced that its CEO, Mark Cutler, and his closely associated person, Anne Marie Cutler, have purchased a significant number of ordinary shares in the company. This transaction increases their combined interest to approximately 0.99% of the company’s voting share capital, potentially signaling confidence in the company’s future prospects and stability, which could positively impact stakeholder sentiment.

More about Van Elle Holdings

Van Elle Holdings is the UK’s largest specialist geotechnical engineering contractor, founded in 1984 and listed on AIM in 2016. The company offers a variety of ground engineering services, including ground investigation, piling, rail geotechnical engineering, modular foundations, and ground improvement. It operates through three divisions: General Piling, Specialist Piling and Rail, and Ground Engineering Services, serving diverse markets such as residential, infrastructure, and regional construction.

YTD Price Performance: -8.49%

Average Trading Volume: 291,722

Technical Sentiment Signal: Buy

Current Market Cap: £36.79M

For detailed information about VANL stock, go to TipRanks’ Stock Analysis page.