Gelion Director Bolsters Share Ownership

Gelion PLC (GB:GELN) has released an update.

Michael Davie, a Non-Executive Director at Gelion PLC, has increased his stake in the company by purchasing 18,548 Ordinary Shares at 23.25 pence each, boosting his total ownership to 1,051,133 shares, which now accounts for 0.77% of Gelion’s total voting rights. The transaction took place on the London Stock Exchange’s AIM market on July 12, 2024. This move could indicate increased confidence from the director in the company’s prospects.

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