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An update from Zotefoams ( (GB:ZTF) ) is now available.
Zotefoams plc announced a transaction involving its Share Incentive Plan, where directors and persons discharging managerial responsibilities purchased shares and received matching shares. This move, compliant with UK Market Abuse Regulations, indicates strategic confidence by key stakeholders in the company’s future performance and potential alignment of their interests with shareholders.
More about Zotefoams
Zotefoams plc is a leading company in cellular materials technology, focusing on delivering optimal material solutions through unique manufacturing processes like nitrogen expansion for lightweight foams. The company serves diverse markets worldwide, offering products such as AZOTE® polyolefin foams, ZOTEK® high-performance foams, and T-FIT® advanced insulation for industrial markets. Zotefoams is also involved in sustainable practices by licensing technology for reducing plastic in extrusion applications and creating recyclable packaging solutions. Headquartered in Croydon, UK, Zotefoams has additional manufacturing sites in the USA, Poland, and China.
YTD Price Performance: 1.41%
Average Trading Volume: 110,113
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £161.6M
See more data about ZTF stock on TipRanks’ Stock Analysis page.