Power Probe PLC (PWR), a leading producer of automotive electrical diagnostic tools founded in California in 1992, has disclosed that Non-Executive Director Ip Foo Wing acquired 10,000 ordinary shares on 2 November 2026 through Ojai Valley Trust, a vehicle of which he and his spouse are trustees. The purchases were made in two equal tranches of 5,000 shares at 55.8 pence and 55.5 pence respectively, at an average price of 55.65 pence per share. The transaction, notified to the company on 3 November 2026, lifts Ip Foo Wing's beneficial holding to 60,200 ordinary shares, representing approximately 0.08% of total issued share capital. Insider share purchases are closely watched by investors as a potential signal of board-level confidence in the company's prospects.

Key Points

  • Power Probe PLC (PWR) — automotive electrical diagnostic tools manufacturer listed on the London Stock Exchange
  • Non-Executive Director Ip Foo Wing, via Ojai Valley Trust, purchased 10,000 ordinary shares on 2 November 2026
  • Shares acquired in two tranches: 5,000 at 55.8p and 5,000 at 55.5p, averaging 55.65p per share
  • Investors may watch for further director dealings or operational updates from Power Probe's management team

Ojai Valley Trust Acquires 10,000 Power Probe Shares Across Two Tranches on 2 November 2026

The announcement confirms that Ojai Valley Trust, of which Ip Foo Wing and his spouse serve as trustees, completed two separate purchases of Power Probe ordinary shares on 2 November 2026 on the London Stock Exchange. The first tranche of 5,000 shares was acquired at 55.8 pence per share, and the second tranche of 5,000 shares at 55.5 pence per share. The aggregate volume of 10,000 shares was transacted at a blended average price of 55.65 pence. Each ordinary share carries a nominal value of 0.1 pence and is identified by ISIN GB00BSDYS558. The company received formal notification of these dealings on 3 November 2026.

Ip Foo Wing's Beneficial Holding in Power Probe Now Stands at 60,200 Ordinary Shares

Following the transactions, Ip Foo Wing's total beneficial holding in Power Probe PLC has risen to 60,200 ordinary shares, equating to approximately 0.08% of the company's total issued share capital and voting rights. The disclosure was made as an initial notification under the relevant rules governing director and person discharging managerial responsibilities (PDMR) shareholding reporting. While the percentage holding remains modest in absolute terms, the purchase represents a voluntary increase in personal exposure to the company by a serving board member, a development that investors often scrutinise for broader sentiment signals.

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

Power Probe was founded in 1992 in California, USA, and has grown into an internationally recognised brand focused on automotive electrical diagnostic tools for professional service technicians. The company designs and distributes more than 140 products, operating under the mission statement "Simplifying Automotive Diagnostics". Its leadership team includes Chief Executive Officer Chema Garcia, Chief Financial Officer Fabio Medina, and EMEA Regional Director Tom Marsh. Shore Capital acts as the company's nominated adviser and broker, with Sodali & Co providing communications support. The group's international reach and product depth represent key competitive strengths within the professional automotive tools sector.