Bullish indicating open at $55-$60, IPO prices at $37
LONDON - Vp plc, the equipment rental specialist, disclosed a transaction involving insider shares in a recent automatic dividend reinvestment. Jonathan James Jones, closely associated with the company’s secretary Sarah (Sally) Jones, acquired 684 ordinary shares at a price of 594.75p each on February 12, 2025. This purchase, conducted on the London Stock Exchange (LON:LSEG), was reported in compliance with Article 19 of the UK Market Abuse Regulation.
The total value of the shares acquired by Jonathan James Jones amounted to £4,068.09. The transaction represents the reinvestment of dividends into the company’s stock, a common practice among shareholders seeking to increase their holdings without direct cash investment. Dividend reinvestment plans (DRIPs) are often used by investors as a method of compounding their ownership in a company over time.
Vp plc’s notification of this transaction ensures transparency and adherence to market regulations regarding the disclosure of insider dealings. Such disclosures are important for maintaining investor confidence and providing a clear record of the financial activities of individuals closely associated with company executives.
The company has not provided additional commentary on the transaction’s implications for the market or the company’s performance. The disclosure is strictly informational, providing the necessary details of the insider share acquisition to the public.
This information is based on a press release statement from Vp plc and is intended to report the facts of the transaction without analysis or speculation.
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