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Trafalgar Property Group PLC - Kent-based residential homes developer - Says it is unaware of any material commercial or operational reasons for the increase in its share price today, besides the appointment of Paul Francis Challinor as an executive director. Challinor specialises in construction and management of indoor hydroponic vertical farming facilities. He previously worked as an agricultural advisor at Cheshire Botanicals Ltd and as a technical director at May Barn Horticultural Consultancy Ltd.
‘We view Paul's appointment as the key step in the development of Trafalgar's long-planned hydroponic division as he is a UK pioneer in this high growth market,’ Managing Director Paul Treadaway says.
Current stock price: 0.86 pence, more than doubled in value from Tuesday's closing price of 0.35p
12-month change: down 13%
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