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LONDON - Cavendish plc (AIM:CAV) announced Thursday that its three top executives have acquired additional shares through the reinvestment of their final FY25 dividends under the company’s Share Investment Plan (SIP).
According to a regulatory filing, Co-CEOs Julian Morse and John Farrugia, along with CFO Ben Procter, each purchased 2,836 ordinary shares at a price of 10.25 pence per share on October 14. The shares were acquired through the automatic reinvestment of the 0.5 pence per share final dividend payable on their existing Partnership and Matching Shares held under the SIP.
Following these transactions, Morse now holds 7,185,153 shares, representing 1.86% of the company’s issued share capital. Farrugia’s holdings increased to 2,842,028 shares (0.73%), while Procter now owns 1,541,930 shares (0.40%).
The transactions were executed on the London Stock Exchange and reported in accordance with UK Market Abuse Regulation requirements, as stated in the company’s press release.
Cavendish plc is listed on London’s AIM market.
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