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Tungsten chairman buys 100,000 shares

Electronic invoicing specialist Tungsten Corp (LON:TUNG) revealed that chairman Nicholas Parker has bought 100,000 shares in the company over the last three days.

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Parker now is beneficially interested in 0.3% of the total voting rights and Williams is interested in 0.003% of the total voting rights of the firm..

Electronic invoicing specialist Tungsten Corp (LON:TUNG) revealed that chairman Nicholas Parker has bought 100,000 shares in the company over the last three days.

On Feb 16, he bought 50,000 shares at 65.27p for over £32,000 and yesterday (Feb 17) purchased 25,000 at 64p for £16,000.

Today he has bought a further 25,000 shares at 68p a pop for £17,000.

In addition, finance chief David Williams in two days in late January bought shares worth almost £2,000 in three deals for his son.

Parker now is beneficially interested in  0.3% of the total voting rights and Williams is interested in 0.003% of the total voting rights of the firm.

Williams also holds options over 100,000 shares at an exercise price of 67.5p, representing 0.086% of the issued share capital.

Tungsten shares added 2.24% to stand at 68.5p each.

Quick facts: Tungsten Corp PLC

Price: 43.1 GBX

AIM:TUNG
Market: AIM
Market Cap: £54.34 m
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