Velocity Finance Director Doubles Shareholding

Velocity Composites Plc (GB:VEL) has released an update.

Rob Smith, the Finance Director of Velocity Composites Plc, has bolstered his stake in the company by purchasing 20,000 additional shares at a price of 35 pence each. This strategic investment increases his total holding to 40,000 shares, now accounting for 0.07% of the aerospace composite material provider’s issued share capital. The transaction, detailed in compliance with UK Market Abuse Regulation, underscores the director’s confidence in the firm’s value.

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