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LONDON - Several directors of Finseta plc (AIM:FIN), a foreign exchange and payments solutions company, have increased their shareholdings through recent purchases, according to a company statement released Thursday.
Chief Executive Officer James Hickman purchased 50,000 ordinary shares at 16.05 pence per share on Wednesday, bringing his total holding to 273,773 shares, representing 0.47% of the company’s voting rights.
Chairman Gareth Edwards acquired 30,000 shares at 16.08 pence each on Tuesday, purchased into his Self-Invested Personal Pension. Additionally, Edwards sold 100,000 shares from his General Investment Account at 15.00 pence per share and repurchased the same amount at 15.02 pence to transfer them to his pension. Following these transactions, Edwards holds 820,846 shares, equivalent to 1.42% of Finseta’s issued share capital.
Chief Financial Officer Judy Happe purchased 12,500 shares at 16.45 pence each on Tuesday, increasing her holding to 58,016 shares or 0.10% of voting rights. Non-executive Director Simon Bullock acquired 25,000 shares at 15.46 pence per share on the same day, bringing his total to 200,000 shares, representing 0.35% of the company.
Finseta, headquartered in London, provides multi-currency accounts and payment solutions to businesses and individuals. The company operates a proprietary technology platform that supports payments in over 165 countries and 150 currencies.
The transactions were disclosed in accordance with the EU Market Abuse Regulation as it forms part of UK domestic law.
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