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LONDON - Science Group plc (AIM:SAG), a company listed on the AIM segment of the London Stock Exchange (LON:LSEG), disclosed today that its Executive Chair, Martyn Ratcliffe, has purchased 10,000 ordinary shares at a price of 410 pence per share. The transaction took place on Monday and was conducted on the AIM exchange.
Following this acquisition, Ratcliffe’s total interest in Science Group has increased to 9,492,080 ordinary shares, which represents approximately 21.27% of the company’s issued share capital, excluding treasury shares. This stake includes 9,412,080 shares held directly by Ratcliffe and 80,000 shares within his Self-Invested Personal Pension (SIPP).
There have been no changes to the beneficial interests of the other Directors in the share capital of Science Group, and they remain as previously reported.
The purchase by the Executive Chair is considered a noteworthy event as it reflects a significant investment by a key insider in the company’s stock. Insider purchases can sometimes indicate the leadership’s confidence in the company’s future prospects, although this should not be seen as an endorsement of the company’s future performance.
The transaction details, including the price and volume of shares bought, were disclosed in accordance with regulatory requirements for notifications of transactions by persons discharging managerial responsibilities and others closely associated with them.
Science Group provides advisory and product development services across a range of industries, leveraging its scientific and engineering expertise. The company’s shares are traded on the AIM market, which is known for its dynamic and growing companies.
This information is based on a press release statement from Science Group plc.
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