Macfarlane ( (GB:MACF) ) has issued an announcement.
Macfarlane Group PLC announced that Laura Whyte, a Non-Executive Director, purchased 9,300 ordinary shares at a price of 103.37 pence per share on February 28, 2025. This transaction, disclosed under the Market Abuse Regulation, reflects a significant insider investment, potentially indicating confidence in the company’s future performance and stability. The purchase was conducted on the London Stock Exchange and may impact stakeholder perceptions positively, reinforcing Macfarlane’s market position in the packaging industry.
More about Macfarlane
Macfarlane Group PLC is a prominent entity in the UK packaging industry, listed on the London Stock Exchange since 1973. The company operates through two main divisions: Packaging Distribution, which is the leading UK distributor of protective packaging products, and Manufacturing Operations, specializing in the design and production of protective packaging for high-value and fragile items. Headquartered in Glasgow, Scotland, Macfarlane serves over 20,000 customers across various sectors including retail e-commerce, consumer goods, and aerospace, employing over 1,000 people across 43 sites in the UK, Ireland, Germany, and the Netherlands.
YTD Price Performance: -3.72%
Average Trading Volume: 215,588
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £165.2M
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