Zotefoams ( (GB:ZTF) ) just unveiled an update.
Zotefoams plc announced that directors and persons discharging managerial responsibilities have acquired shares under the company’s Share Incentive Plan. The shares were purchased at £2.504 each, with additional matching shares allocated at no cost. This move aligns with regulatory requirements and reflects the company’s commitment to aligning management interests with shareholder value.
More about Zotefoams
Zotefoams plc is a global leader in cellular materials technology, providing innovative material solutions through unique manufacturing processes such as nitrogen expansion for lightweight foams. The company serves diverse markets worldwide with products like AZOTE® polyolefin and ZOTEK® high-performance foams, and manufactures T-FIT® advanced insulation for industrial markets. Zotefoams also licenses microcellular foam technology for reducing plastic use and produces ReZorce® recyclable packaging. Headquartered in Croydon, UK, Zotefoams operates additional manufacturing sites in the USA, Poland, and China.
YTD Price Performance: -24.44%
Average Trading Volume: 144,657
Technical Sentiment Signal: Strong Buy
Current Market Cap: £115.2M
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