Street Calls of the Week
LONDON - Global Connectivity plc (AQSE:GCON) announced Tuesday that company director Michael Langoulant has acquired 666,640 ordinary shares at a price of £0.015 per share.
The transaction, which took place on October 14, was disclosed in a regulatory filing as required for persons discharging managerial responsibilities (PDMR) under UK market regulations.
Global Connectivity, which trades on the Aquis Stock Exchange under the ticker GCON, describes itself as an investing company focused on strategic holdings in high-growth, connectivity-aligned technologies.
The company made the announcement in accordance with the Market Abuse Regulation requirements, which mandate the disclosure of share dealings by company directors and other senior executives.
The notification indicated that the shares were newly issued rather than purchased on the open market.
The information was provided through a regulatory news service announcement authorized by Suzanne Jones, the Registered Agent at Apex Corporate Services (IOM) Limited, based on a company press release.
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