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Arcontech CEO’s Associate Increases Shareholding

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Arcontech CEO’s Associate Increases Shareholding

Arcontech ( (GB:ARC) ) has shared an update.

Arcontech Group PLC announced that Suzanne Jeffs, closely associated with CEO Matthew Jeffs, purchased 18,000 ordinary shares at an average price of 80.12 pence per share. This transaction increases the beneficial interest of Matthew Jeffs and his associates to 1,013,000 ordinary shares, representing 7.57% of the company’s issued share capital. This move could indicate confidence in the company’s future prospects and may impact stakeholder perceptions positively.

More about Arcontech

Arcontech Group PLC operates in the financial technology industry, providing products and services for real-time financial market data processing and trading. The company focuses on delivering solutions that enhance the efficiency and accuracy of financial data management for its clients.

YTD Price Performance: -34.71%

Average Trading Volume: 19,784

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £10.56M

For an in-depth examination of ARC stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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