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Verde Agritech boss Cristiano Veloso lifts holding in company after option exercise

Last updated: 15:48 02 Oct 2018 BST, First published: 10:48 02 Oct 2018 BST

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Following the exercise, Veloso holds around 5.26mln shares in the fertiliser group

Verde Agritech PLC's (TSE:NPK) chief executive Cristiano Veloso has lifted its stake in the firm after an exercise of stock options.

Following the exercise, he now holds around 5.26mln shares in the fertiliser group or around 12.34% of the capital.

Before the transaction, he held around 4.17mln shares or around 9.79%  of the capital.

Today's regulatory release stated that Veloso paid $0.4137 for a total consideration of $451,923 and that the shares were bought for investment purposes.

Shares in Toronto stand at $0.65.

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