Mobile Tornado COO Ups Stake in Company

Mobile Tornado (GB:MBT) has released an update.

Mobile Tornado Group’s COO, Luke Wilkinson, has bolstered his investment in the company by purchasing 680,000 ordinary shares at an average price of 1.438p per share, raising his stake to 0.49% of the total issued share capital. This transaction reflects confidence from senior management in the company’s future, as insider purchases are often viewed positively by the market. The shares were acquired on the London Stock Exchange on October 10, 2024.

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