AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

TechFinancials Inc.

Declaration of Voting Results & Voting Rights Announcements Feb 22, 2016

10338_dirs_2016-02-22_de895681-223f-4a8c-b5f8-a9e3dfb001c7.html

Declaration of Voting Results & Voting Rights Announcements

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 7576P

TechFinancials Inc.

22 February 2016

22 February 2016

TechFinancials Inc.

( "TechFinancials" or the "Company")

Directors Dealings

TechFinancials (AIM: TECH), a software developer that supplies simplified trading solutions to online brokers, announces that various individuals and existing shareholders of TechFinancials, including Directors Asaf Lahav, Jeremy Lange and Hillik Nissani, have increased their direct shareholdings in TechFinancials through acquiring TechFinancials ordinary shares of US$0.0005 ("Ordinary Shares") in which they were indirectly interested through their interest in NetMavrik Ltd ("Netmavrik"). Following the transfer of these shares, NetMavrik no longer holds any shares of TechFinancials.

The  Ordinary Shares were acquired from NetMavrik at 12.0p per share on 22 February 2016.

In addition, Asaf Lahav acquired on 22 February 2016 a further 10,000 Ordinary Shares through an on-market purchase at 11.5p per share.

Shares acquired by Directors and their resultant holdings are set out below:

Shares Purchased Interest Following Transaction Following Transaction %
Asaf Lahav 29,549 9,154,546 13.34%
Jeremy Lange 20,000 7,329,412 10.68%
Hillik Nissani 30,000 30,000 0.04%

- Ends -

For further information:

TechFinancials, Inc.
Asaf Lahav, Group Chief Executive Officer [email protected]
Yuval Tovias, Chief Financial Officer www.group.techfinancials.com
Grant Thornton UK LLP (Nominated Adviser)
Colin Aaronson / Jen Clarke/ Carolyn Sansom Tel: +44 (0) 20 7383 5100
Northland Capital Partners Limited (Broker)
Patrick Claridge/ David Hignell/ John Howes Tel: +44 (0) 20 7382 1100
Peterhouse Corporate Finance Limited (Joint Broker)
Lucy Williams / Eran Zucker Tel: +44 (0) 20 7469 0932

Media enquiries:

Abchurch Communications Limited
Jamie Hooper / Canace Wong Tel: +44 (0) 20 7398 7719
[email protected] www.abchurch-group.com

Notes to editors:

TechFinancials was formed in 2009 to create a simplified trading solution for online brokers wanting to provide a platform for retail customers to trade in Binary Options.  TechFinancials' platform is based on a proprietary pricing engine, which enables online brokers to price and market short-term Binary Options and Exotic Options. In 2014, around 18% of all deposits which are made to trade Binary Options globally were processed using TechFinancials' software. In early 2014, TechFinancials began to focus on the Asian market, securing distribution in Japan and China.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSKMGZZZZVGVZM

Talk to a Data Expert

Have a question? We'll get back to you promptly.