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Velocity Finance Director Doubles Shareholding
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Velocity Finance Director Doubles Shareholding

Velocity Composites Plc (GB:VEL) has released an update.

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Rob Smith, the Finance Director of Velocity Composites Plc, has bolstered his stake in the company by purchasing 20,000 additional shares at a price of 35 pence each. This strategic investment increases his total holding to 40,000 shares, now accounting for 0.07% of the aerospace composite material provider’s issued share capital. The transaction, detailed in compliance with UK Market Abuse Regulation, underscores the director’s confidence in the firm’s value.

For further insights into GB:VEL stock, check out TipRanks’ Stock Analysis page.

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