IMI plc ( (GB:IMI) ) has issued an announcement.
IMI plc has announced a series of transactions involving its senior management team, including the CEO, CFO, and other key executives. These transactions involve the exercise of performance share awards under the 2022 IMI plc Incentive Plan, with a portion of shares sold to cover tax and dealing costs, while the remaining shares are retained. This notification, in compliance with the Market Abuse Regulation, highlights the company’s commitment to transparency and regulatory adherence. The transactions, conducted on the London Stock Exchange, reflect the company’s ongoing efforts to align executive compensation with performance and shareholder interests.
More about IMI plc
IMI plc operates in the engineering industry, focusing on the design and manufacture of fluid control systems. The company provides a range of products and services aimed at optimizing the efficiency and performance of industrial processes, with a significant market presence in sectors such as energy, transportation, and manufacturing.
YTD Price Performance: 6.86%
Average Trading Volume: 668,470
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.06B
See more data about IMI stock on TipRanks’ Stock Analysis page.