Performance Carbon's Top Brass Disposes Off Stock, the Market Awaits Reaction.
It was just an ordinary day at the London Stock Exchange (XLON) when Wendy Pryce Lewis, president of Performance Carbon muddied the waters, departing with a hefty load of her ordinary shares. As confirmed by the company, Wendy Pryce Lewis unloaded a total of 78,165 shares at the rate of £2.175 each.
This move comes in tandem with the provisions laid down under Article 19 of the Market Abuse Regulation, and all the standard procedures were duly followed. Morgan Advanced Materials Plc, the corporate umbrella sheltering Performance Carbon, duly disclosed the information as required by regulation.
The communication and information sharing regarding this sale were facilitated by RNS, a trusted news service in the United Kingdom. RNS acts as a Primary Information Provider and has been authorised by the Financial Conduct Authority.
As the market adjusts and acclimatizes to this seismic shift, it would be intriguing to observe the deviations in stock prices and the potential ripple impact on the FTSE 250 Index.
With no official statements explaining this abrupt share sell-off by Wendy Pryce Lewis, her motives remain shrouded in corporate secrecy. But, nothing remains hidden in the world of stocks. Now, whatever the cause, the aftermath of this development is undoubtedly going to stir the market.
- •Director/PDMR Shareholding investegate.co.uk28-05-2025