Velocity Composites Plc ( (GB:VEL) ) has provided an update.
Velocity Composites plc announced that Annette Rothwell, a non-executive director, transferred 73,285 ordinary shares into her personal ISA, maintaining her beneficial holding at 78,547 shares. This transaction, conducted on the London Stock Exchange, does not alter her voting rights in the company, reflecting a strategic personal financial decision without impacting the company’s overall shareholding structure.
More about Velocity Composites Plc
Based in Burnley, UK, Velocity Composites plc is a leading supplier of composite material kits to the aerospace industry, serving major clients like Airbus, Boeing, and GKN. The company focuses on reducing costs and improving sustainability through its proprietary technology, with potential expansion into markets such as wind energy, urban air mobility, and electric vehicles.
YTD Price Performance: -5.56%
Average Trading Volume: 116,996
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.77M
For detailed information about VEL stock, go to TipRanks’ Stock Analysis page.