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Coinsilium reveals share purchases by senior management, as well as other share dealings

Published: 15:33 21 Jan 2019 GMT

Blockchain
Coinsilium also said Great North Star has acquired 6,250,000 ordinary shares on 12 December 2018, representing a 4.93% stake

Coinsilium Group Limited (AQSE:COIN), the early-stage blockchain technology adviser has revealed a number of share purchases by senior management, as well as other share dealings.

The NEX-listed group announced that its chief executive officer, Eddy Travia has today purchased 111,111 ordinary shares in the company at a price of 4p each, and its executive chairman, Malcolm Palle purchased 75,000 ordinary shares at 3.88p per share.

WATCH: Coinsilium Group team discuss strategic business update for 2019

Following the purchases, Coinsilium said Travia now holds 7,506,701 ordinary shares representing 5.92% of the company’s issued share capital, while Palle holds 8,134,234 ordinary shares representing 6.41%.

The company also said that it was informed on 14 January 2019 that Great North Star International Inc. had acquired 6,250,000 ordinary shares on 12 December 2018, representing 4.93% of the company’s issued share capital.

In addition, Coinsilium continued, it was informed by Faruk Saylam on 14 January 2019, that he sold 500,000 ordinary shares in the company on 1 November 2018, and now owns 4,711,168 ordinary shares representing 3.72% of the issued share capital.

In late afternoon trading, Coinsilium shares on NEX were trading at 4.15p, up from Friday’s close of 3.9p.

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