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Trifast Director Increases Stake in Company

Story Highlights
  • Trifast operates in the fastenings industry, providing global fastening solutions.
  • Director Nicholas Mills increased his stake in Trifast to 15.676% through share purchases.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trifast Director Increases Stake in Company

Trifast ( (GB:TRI) ) has provided an announcement.

Trifast plc announced that Nicholas Mills, a Director of the company, has increased his shareholding through connected investment vehicles by purchasing 152,500 Ordinary Shares at a price of 67.1946p. This transaction raises Mills’ total interest to 21,337,500 shares, which constitutes 15.676% of Trifast’s issued share capital, potentially strengthening his influence within the company.

More about Trifast

Trifast plc is a company operating in the fastenings industry, providing a range of fastening solutions to various sectors. The company focuses on manufacturing and distributing industrial fasteners, serving a global market with a significant presence in the automotive, electronics, and domestic appliance sectors.

YTD Price Performance: -20.24%

Average Trading Volume: 85,785

Technical Sentiment Signal: Strong Buy

Current Market Cap: £91.7M

For detailed information about TRI stock, go to TipRanks’ Stock Analysis page.

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