Power Probe PLC (PWR), a London-listed producer of automotive electrical diagnostic tools, has disclosed that two of its directors purchased ordinary shares on 23 October 2026. Chief Executive Officer Chema Garcia acquired 16,700 shares at 55.0 pence each, while Non-Executive Director Ip Foo Wing purchased 10,000 shares at 55.1 pence each, both transactions conducted on the London Stock Exchange. The purchases, notified to the company on 23 October 2026, represent director-level buying that investors in small-cap stocks typically monitor as a signal of insider confidence.

Key Points

  • Power Probe PLC (PWR) — London-listed automotive diagnostic tools manufacturer
  • CEO Chema Garcia bought 16,700 ordinary shares at 55.0p; Non-Executive Director Ip Foo Wing bought 10,000 shares at 55.1p on 23 October 2026
  • Following the purchases, Garcia holds 3,551,449 shares (4.84%); Ip Foo Wing holds 20,200 shares (0.03%)
  • Investors may watch for further director dealings or corporate updates from Power Probe in the coming weeks

Power Probe CEO Chema Garcia Increases Stake to 4.84% via CHR International Projects

Chema Garcia, Chief Executive Officer of Power Probe PLC, purchased 16,700 ordinary shares of 0.1 pence each at a price of 55.0 pence per share on 23 October 2026. The acquisition was made through CHR International Projects Limited, a company wholly owned by Garcia. Following the transaction, his resulting shareholding stands at 3,551,449 ordinary shares, representing 4.84% of the company's issued share capital. The purchases were executed on the London Stock Exchange and disclosed to Power Probe on the same date, with the formal regulatory notification published on 26 October 2026.

Non-Executive Director Ip Foo Wing Acquires 10,000 Shares via Ojai Valley Trust

Non-Executive Director Ip Foo Wing also purchased shares on 23 October 2026, acquiring 10,000 ordinary shares at 55.1 pence each through the Ojai Valley Trust, of which Ip Foo Wing and his spouse are trustees. Following the purchase, his resulting holding is 20,200 ordinary shares, equivalent to 0.03% of the company's issued share capital. Like the CEO's transaction, the purchase was conducted on the London Stock Exchange. Both transactions constitute initial notifications under the relevant PDMR disclosure requirements applicable to UK-listed companies.

Power Probe: California-Founded Automotive Diagnostics Group with Over 140 Products

Power Probe was founded in 1992 in California, USA, and has since grown into an internationally recognised brand operating under the mission statement "Simplifying Automotive Diagnostics". The company designs and distributes over 140 products aimed at professional service technicians, focusing on automotive electrical diagnostic tools. Its nominated adviser and broker is Shore Capital, and it is supported by communications adviser Sodali & Co. The group's EMEA operations are led by Regional Director Tom Marsh, reflecting its international commercial footprint beyond its North American origins.