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LONDON - Zotefoams plc (LSE:ZTF) executives acquired shares through the company’s Share Incentive Plan (SIP) on July 11, according to a regulatory filing released Monday.
Group CEO Ronan Michael Cox and Group CFO Gary Christopher McGrath each purchased 48 partnership shares at £3.16 per share. Both executives also received 12 matching shares each, which were allocated at no cost.
The transactions were executed on the London Stock Exchange (LON:LSEG) and reported in accordance with UK Market Abuse Regulation requirements.
Zotefoams, headquartered in Croydon, UK, specializes in supercritical fluid foam technology. The company manufactures lightweight AZOTE and ZOTEK high-performance foams using nitrogen expansion processes, and produces T-FIT advanced insulation for industrial applications.
The company operates manufacturing facilities in the United Kingdom (TADAWUL:4280), United States, and Poland, with additional conversion operations in the United States and China.
The share purchases were made through MUFG Corporate Markets Trustees (UK) Limited, which serves as the trustee for the company’s Share Incentive Plan, according to the press release statement.
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