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LONDON - Science Group plc (AIM:SAG) disclosed that its Executive Chair, Martyn Ratcliffe, has expanded his stake in the company with the purchase of 10,000 ordinary shares at 436 pence per share on Wednesday. Following this transaction, Ratcliffe’s total interest in the firm amounts to approximately 21.24% of the issued share capital, excluding treasury shares.
The acquisition, conducted on the AIM exchange, was for shares to be held in Ratcliffe’s Self-Invested Personal Pension (SIPP) and cost a total of £43,600. The purchase increased Ratcliffe’s direct holdings to 9,412,080 shares, in addition to the 70,000 shares now held in his SIPP.
The transaction was reported in accordance with the market regulations regarding the public disclosure of transactions by individuals in managerial positions. The company’s announcement confirmed that there have been no changes in the beneficial interests of the other directors in the share capital of Science Group.
Science Group, a company listed on the London Stock Exchange (LON:LSEG)’s AIM market, operates in various sectors, providing services that include applied science, product development, and technology advisory services.
The details of the transaction were released in an initial notification, with no amendments. The company’s statement also included the standard regulatory information, such as the Legal Entity Identifier (LEI) and the identification code for the financial instrument.
The information provided in this article is based on a press release statement from Science Group plc.
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