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LONDON - Croma Security Solutions Group Plc (AIM:CSSG) disclosed today that CEO Roberto Fiorentino has restructured his shareholdings within the company through a series of transactions. The dealings involved the sale and subsequent repurchase of shares, affecting both Mr. Fiorentino’s personal holdings and those jointly held with his wife in their Individual Savings Accounts (ISAs).
On Thursday, Mr. Fiorentino sold 60,130 ordinary shares at a price of 82 pence per share from his dealing account. Following this sale, he purchased 30,065 ordinary shares at the same price into his ISA. Simultaneously, Mrs. Fiorentino also bought 30,065 ordinary shares at 82 pence per share into her ISA.
These transactions were conducted on the London Stock Exchange (LON:LSEG)’s AIM market and have been reported in accordance with the EU Market Abuse Regulation. Despite the sales and purchases, the total holdings of Mr. and Mrs. Fiorentino remain unchanged. Mr. Fiorentino’s direct and indirect holding in Croma is now at 3,762,029 shares, which represents a 27.3% ownership of the company’s share capital. This figure includes shares held by Natalie Fiorentino, Roberto Fiorentino’s wife, as well as related trusts and Sofia Fiorentino.
The shares in question are ordinary shares of 5p each, identified with the code GB00B5MJV178. The aggregate sale amounted to £49,306.60, while the combined purchase totaled £24,653.30. These financial dealings are considered routine and are part of the personal financial management of the CEO’s and his spouse’s assets.
The company has not provided further details on the rationale behind these transactions. This information is based on a press release statement from Croma Security Solutions Group Plc.
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