Kasei Digital Assets directors increase shareholdings

Published 21/05/2025, 16:30
Kasei Digital Assets directors increase shareholdings

LONDON - Kasei Digital Assets PLC (AQSE:KASH), a company listed on the Aquis Stock Exchange, announced today that two of its directors have significantly increased their stake in the company by purchasing additional shares. Jai Patel, serving as the Chief Investment Officer, and Bryan Coyne, a Non-Executive Director, each acquired 83,333 ordinary shares at a price of 6.75p per share.

Following these transactions, which took place on May 21, 2025, Patel’s total shareholding has risen to 1,520,833 ordinary shares, representing approximately 4.57% of the company’s issued share capital. Coyne’s holding now stands at 6,366,083 ordinary shares, amounting to about 19.15% of Kasei’s issued ordinary share capital.

The purchases by Patel and Coyne reflect a vote of confidence in the company’s performance and prospects, as directors increasing their shareholdings is often viewed as a positive signal by the market. The transactions were carried out on the Aquis Stock Exchange, a platform known for trading shares of growth-stage companies.

These acquisitions were disclosed in accordance with the market regulations that mandate the notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs). The company’s announcement ensures transparency and provides investors with insight into the actions of Kasei’s management team.

Kasei Digital Assets PLC has not provided any additional comments on the transactions or any forward-looking statements regarding the company’s future performance. The information regarding the share acquisitions is based on a press release statement from the company. Investors and the market will continue to observe the company’s performance and any further transactions by its directors or other PDMRs.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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