Sisco Sapena buys 120,200 Lleida.net shares at 2.93 euros per share.
Lleida.net's CEO, Sisco Sapena, purchased 120,200 shares at 2.93 euros each, totaling 352,186 euros, increasing his stake to 35.64% in the company.
Sentiment and the balance of points
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Rhea-AI Summary
Lleida.net's CEO, Sisco Sapena, purchased 120,200 shares at 2.93 euros each, totaling 352,186 euros, increasing his stake to 35.64% in the company. Sapena expressed confidence in the undervalued stock, aligning with analysts’ views on its potential. Lleida.net, a leader in the registered signature and notification sector, boasts over 205 patents worldwide since its inception in 1995.
Positive
- CEO Sisco Sapena increased his ownership stake to 35.64%
- Analysts consider the stock to be undervalued
- Proprietary technology holds over 205 patents in more than 60 countries
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MADRID, Sept. 26, 2022 /PRNewswire/ -- Lleida.net's CEO, Sisco Sapena, bought on Friday 120,200 shares of the company at a price of 2.93 euros per share.
The total amount of the acquisition was 352,186 euros.
With this purchase, Sapena now controls 35.64 percent of the Spanish listed company, a European leader in the registered signature, notification and contracting industry.
"Analysts consider the stock to be undervalued at the moment and so do I," explained Sapena.
"I am so confident in the company and its future that I have executed a significant purchase above its current stock market price," he clarified.
Lleida.net's proprietary technology, founded in 1995, has received more than 205 patents in more than 60 countries.
The company is listed on Euronext Growth (Paris), OTCQX (New York) and BME Growth (Madrid) (BME:LLN; EURONEXT:ALLN; OTCQX:LLEIF)
View original content:https://www.prnewswire.com/news-releases/sisco-sapena-buys-120-200-lleidanet-shares-at-2-93-euros-per-share-301633343.html
SOURCE Lleida.net
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