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Vesuvius CEO Patrick André Receives Deferred Share Award and Sells Shares for Tax

Story Highlights
  • Vesuvius CEO Patrick André received 70,737 vested shares under the 2023 deferred share bonus plan.
  • André sold 33,314 shares to cover tax obligations, with no impact on Vesuvius’s operations signalled.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vesuvius CEO Patrick André Receives Deferred Share Award and Sells Shares for Tax

Meet Samuel – Your Personal Investing Prophet

An update from Vesuvius ( (GB:VSVS) ) is now available.

Vesuvius has disclosed that chief executive Patrick André received 70,737 ordinary shares in the company following the vesting of a nil‑cost award under the 2023 Deferred Share Bonus Plan, including dividend equivalent shares. The transaction, conducted off‑market in London on 7 April, values the vested shares at about £279,623 based on an indicative price of £3.953.

In a related move, André sold 33,314 Vesuvius shares on the London Stock Exchange at £3.953 each, raising roughly £131,690 to cover tax withholdings linked to the vesting. The disclosure underscores ongoing alignment of executive pay with equity performance while signalling no change in underlying strategy or operations for shareholders and other stakeholders.

The most recent analyst rating on (GB:VSVS) stock is a Hold with a £471.00 price target. To see the full list of analyst forecasts on Vesuvius stock, see the GB:VSVS Stock Forecast page.

Spark’s Take on VSVS Stock

According to Spark, TipRanks’ AI Analyst, VSVS is a Neutral.

The score is held back primarily by cooling fundamentals (margin/ROE compression, rising leverage, and weakening free cash flow/cash conversion) and weak near-term technical momentum (below key short-term averages with negative MACD). A high dividend yield and moderate P/E provide partial support but do not fully offset the profitability and cash-flow headwinds.

To see Spark’s full report on VSVS stock, click here.

More about Vesuvius

Vesuvius plc is a UK‑based industrial group specialising in engineered ceramic products and systems for the steel and foundry industries. Its solutions support high‑temperature and molten metal processes for global metal producers, positioning the company as a key supplier to cyclical, capital‑intensive manufacturing sectors.

Average Trading Volume: 512,602

Technical Sentiment Signal: Buy

Current Market Cap: £970.9M

For a thorough assessment of VSVS stock, go to TipRanks’ Stock Analysis page.

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