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Zotefoams Directors Acquire Shares Under Incentive Plan

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Zotefoams Directors Acquire Shares Under Incentive Plan

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Zotefoams ( (GB:ZTF) ) just unveiled an announcement.

Zotefoams plc announced that two of its directors, R M Cox and G C McGrath, have become beneficially interested in ordinary shares under the company’s Share Incentive Plan. This transaction, which took place on February 11, 2025, involved purchasing shares at £2.988 each, with additional matching shares allocated at no cost. The announcement, made in compliance with the UK Market Abuse Regulation, reflects Zotefoams’ commitment to stakeholder alignment and could influence investor confidence positively.

More about Zotefoams

Zotefoams plc is a leader in cellular materials technology, specializing in environmentally friendly nitrogen expansion for lightweight polyolefin and high-performance foams. The company also manufactures advanced insulation for industrial markets and licenses microcellular foam technology for reducing plastic use. Headquartered in Croydon, UK, Zotefoams operates manufacturing sites in the USA, Poland, and China.

YTD Price Performance: -4.44%

Average Trading Volume: 105,749

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £143.2M

See more insights into ZTF stock on TipRanks’ Stock Analysis page.

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