23rd Oct 2013 14:03
LONDON (Alliance News) - HaloSource Inc Wednesday said Chief Financial Officer James Thompson bought 40,000 shares at 15 pence each.
Following the transaction he is now interested in 438,395 shares representing 0.28% of the issued share capital of the company Tuesday.
The company also said Non-executive Director Alan Matthews bought 55,000 shares at 17.5 pence each. He now holds 200,376 shares representing a 0.13% stake in the firm.
Shares in the water technology company have gained sharply since it Monday announced it had signed a deal with Industrial Dewatering International LLC for IDI to distribute its HaloKlear technology in Texas and New Mexico, and thinks the deal could generate over USD1 million in revenues over the next three years. It stock was up a further 38.82% at 17.70 pence Wednesday.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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