Stock market today: S&P 500 extends monthly win streak despite Nvidia-led stumble
LONDON - Zotefoams plc (LSE:ZTF), a global leader in foam technology, disclosed transactions under its Share Incentive Plan (SIP) involving key executives. On May 12, 2025, the company’s Group CEO, Ronan Michael Cox, and Group CFO, Gary Christopher McGrath, each purchased 58 ordinary shares at £2.61 per share and were awarded an additional 14 matching shares at no cost.
The SIP is designed to align the interests of the company’s management with those of its shareholders by providing incentives through equity ownership. The transaction took place on the London Stock Exchange (LON:LSEG) (XLON), according to the company’s statement.
Zotefoams specializes in the production of lightweight, high-performance foams using environmentally friendly nitrogen expansion processes, serving various industries worldwide. The company’s portfolio includes AZOTE® and ZOTEK® foams, as well as T-FIT® advanced insulation materials. Headquartered in Croydon, UK, Zotefoams also operates manufacturing sites in the United States and Poland, with additional product conversion facilities in the USA and China.
This news follows Zotefoams’ ongoing commitment to corporate governance and transparency, as outlined by the UK Market Abuse Regulation. The company’s recent announcement provides investors with updated information on the equity stakes held by its top management, which could be of interest to current and potential shareholders.
The transactions are part of the company’s normal course of business and are reported in compliance with regulatory requirements. The information is based on a press release statement issued by Zotefoams plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.