Goldmoney Inc. CEO Roy Sebag Updates Share Acquisition Details
Goldmoney Inc. Executive Ownership Update
In an important development within Goldmoney Inc., Roy Sebag, the Chief Executive Officer, is updating stakeholders about his ownership stake in the company. Recently, Sebag participated in a significant acquisition of common shares, reflecting his confidence in the Company's future.
Recent Share Acquisition
On February 27, Mr. Sebag acquired 2,000 common shares through the Toronto Stock Exchange, with a total investment amounting to CAD$16,480. This equates to an average purchase price of CAD$8.24 per share. His ownership now stands at 4,166,629 shares, marking approximately 32.42% of the overall issued and outstanding shares on a partially diluted basis.
Significant Increase in Holdings
This acquisition, alongside the recent vesting of restricted stock units, suggests a marked increase of over 2% in Sebag's ownership stake since his last filing in July 2024. At that time, his holdings represented around 29.86% of the total shares on a partially diluted basis. Such a shift indicates strong confidence in the Company’s trajectory.
Long-term Investment Perspective
Addressing the implications of the share acquisition, Mr. Sebag has made it clear that these shares are intended for investment purposes. He maintains a long-term view on his investments within Goldmoney Inc., indicating potential plans for further acquisitions or dispositions depending on market dynamics and other influencing factors.
Future Plans and Market Strategy
In light of changing market conditions, Mr. Sebag may continue to adapt his strategy, potentially acquiring more securities or divesting some of his shares on the open market or through private transactions. This flexible approach underscores a responsive and strategic method toward managing his investment.
For More Information
Any interested parties can access the complete early warning report filed on SEDAR+ under Goldmoney Inc.'s profile for a comprehensive understanding of the ownership details. Alternatively, stakeholders may reach out to the Chief Financial Officer for further specifics regarding this acquisition.
Sean Ty
Chief Financial Officer
Goldmoney Inc.
+1 647 250 7098
Regulatory Considerations
It is essential to note that no regulatory authority has endorsed the information in this announcement. This reminder emphasizes the importance of conducting personal research and consulting with professionals before making investment decisions.
Frequently Asked Questions
What recent share acquisition did Roy Sebag make?
Roy Sebag acquired 2,000 common shares at CAD$8.24 per share, totaling CAD$16,480.
What percentage of shares does Roy Sebag currently own in Goldmoney Inc.?
He currently owns approximately 32.42% of the total issued shares.
What is the reason for Sebag's recent stock acquisition?
The shares were acquired for investment purposes, reflecting a long-term investment strategy.
How can I get more information about this acquisition?
Interested parties can refer to the early warning report on SEDAR+ or contact the Chief Financial Officer directly.
What does this acquisition signal about Mr. Sebag's future intentions?
This acquisition suggests Mr. Sebag's confidence in the company's future and may lead to further acquisitions or sales based on market conditions.
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