22nd Feb 2016 15:04
LONDON (Alliance News) - Online trading platform provider TechFinancials Inc Monday said a trio of directors increased their direct shareholdings in TechFinancials by buying TechFinancials shares in which they were indirectly interested through their interest in NetMavrik Ltd.
Chief Executive Officer Asaf Lahav bought 29,549 shares, Chief Operating Officer Jeremy Lange bought 20,000 shares and Non-Executive Director Hillik Nissani bought 30,000 shares.
Lahav, Lange, and Nissani hold 9.1 million, 7.3 million and 30,000 shares respectively.
Following the transfer of these shares NetMavrik no longer holds any shares in TechFinancials.
The company also said Lahav bought a further 10,000 shares through an on-market purchase at 11.5p per share on Monday.
The stock was up 8.7% at 12.50p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
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