Power Probe PLC (PWR), a leading producer of automotive electrical diagnostic tools for professional service technicians, has disclosed a director shareholding change following a purchase made through a connected trust. The company was notified on 4 November 2026 that Ojai Valley Trust, of which Non-Executive Director Ip Foo Wing and his spouse are trustees, acquired 5,000 ordinary shares at 55.5 pence each on 3 November 2026 via the London Stock Exchange. The transaction increases Ip Foo Wing's beneficial holding to 65,200 ordinary shares, representing approximately 0.09% of the company's total issued share capital and voting rights. Investors may be watching such director-level activity for signals of insider sentiment towards the business.

Key Points

  • Power Probe PLC (PWR) — automotive electrical diagnostic tools manufacturer listed on the London Stock Exchange
  • Non-Executive Director Ip Foo Wing's connected Ojai Valley Trust purchased 5,000 ordinary shares of 0.1 pence each at 55.5 pence per share on 3 November 2026
  • Ip Foo Wing's total beneficial holding now stands at 65,200 ordinary shares, equating to approximately 0.09% of issued share capital
  • Investors may watch for further director dealings or operational updates from Power Probe as the company continues its international expansion

Ojai Valley Trust Acquires 5,000 Power Probe Shares at 55.5p in London Stock Exchange Transaction

The transaction, conducted on 3 November 2026 on the London Stock Exchange, saw Ojai Valley Trust purchase 5,000 ordinary shares in Power Probe PLC at a price of 55.5 pence per share. The trust, of which Ip Foo Wing and his spouse serve as trustees, is classified as a person closely associated with the Non-Executive Director under UK market disclosure rules. The announcement confirms this as an initial notification, meaning no prior dealings by this connected party have been separately disclosed. Each ordinary share carries a nominal value of 0.1 pence, and the shares are identified by ISIN GB00BSDYS558.

Ip Foo Wing's Beneficial Holding in Power Probe Rises to 65,200 Ordinary Shares

Following the completion of this purchase, the announcement states that Ip Foo Wing's total beneficial holding in Power Probe PLC has increased to 65,200 ordinary shares. This represents approximately 0.09% of the company's total issued share capital and voting rights. The disclosure was made in accordance with the UK's requirements for Persons Discharging Managerial Responsibilities and their closely associated persons to notify the company and the market of relevant transactions. The aggregate transaction value and any associated dealing costs were not disclosed in the announcement.

Power Probe's Automotive Diagnostics Business and International Brand Footprint

Founded in California, USA in 1992, Power Probe has 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, with a focus on product quality, continuous innovation, and customer care. Power Probe has an EMEA regional presence, reflected in the appointment of a dedicated EMEA Regional Director. Shore Capital acts as the company's Nominated Adviser and Broker, with Sodali & Co providing communications support. The company's registered LEI is 2138008NNTZ6JFU6J368.