Lleida.net's CEO, Sisco Sapena, buys another 20.000 shares of the company

Rhea-AI Summary

The CEO of Lleida.net, Sisco Sapena, purchased 20,000 shares at an average price of 5.01 euros, increasing his stake to 37.71%. This follows a previous acquisition of 15,800 shares at 6.21 euros. The company reported record results in January, with a 20% increase in sales to 16.42 million euros and a 59% growth in its Software as a Service (SaaS) segment, amounting to 5.69 million euros. Additionally, Lleida.net has over 200 patents and is recognized in more than 50 countries.

Positive

• CEO increased stake to 37.71%, demonstrating confidence in company growth.
• Sales increased by 20% to 16.42 million euros in 2020.
• SaaS business grew by 59%, reaching 5.69 million euros.
• Signed exclusive contract with Emirates Post for services in the UAE.
• EBITDA rose by 17% to 2.57 million euros.

Negative

• None.

MADRID, Feb. 15, 2021 /PRNewswire/ -- The founder and CEO of Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF), Sisco Sapena, increased his position in the company's shareholding at the end of last week with the new purchase of 20,000 shares.

Sapena acquired the shares at an average price of 5.01 euros.

According to official information communicated today to BME Growth and Euronext Growth, his stake now stands at 37.71 per cent of the company's total shareholding.

"I have every confidence in the future of Lleida.net, which last January announced the best results in its history. The best way to prove it is to increase my stake in the company, and to encourage our investors to do the same", said Sapena.

On January 28th, Lleida.net announced the acquisition of 15,800 new shares by its CEO, at a weighted price of 6.21 euros.

In 2020, the technology company reported an increase in sales of 20 percent, up to 16.42 million euros.

The company's Software as a Service (SaaS) business grew by up to 59 percent during the year to €5.69 million, a growth that was also driven by the returns that the company's contracts in South Africa and Colombia have begun to generate.

The corporation also announced a few weeks ago an exclusive contract with Emirates Post for its suite of company services in the United Arab Emirates, from Dubai. In 2020, it recorded an EBITDA of 2.57 million euros, 17 percent higher than in the previous year.

Lleida.net is Europe's leading company in the certified e- contracting and e-signature industry.

It is listed in OTC in New York, in Euronext Growth in Paris and in BME Growth in Madrid, .

It has over 200 patents granted worldwide for its certified electronic notification and contracting methods.

At present, more than 50 countries on five continents have recognized the company's inventions, including the United States, the European Union, Japan, China, Australia and New Zealand.

Its electronic notification and contracting services are accepted as valid before the courts and public administrations of more than 75 countries.

https://Lleida.net  

Media Contact:
rpl@thepalomaproject.com  
+356 7946 7486

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SOURCE The Paloma Project

FAQ

What recent share purchase did Lleida.net's CEO make on February 15, 2021?

On February 15, 2021, Lleida.net's CEO, Sisco Sapena, purchased 20,000 shares at an average price of 5.01 euros.

What percentage of Lleida.net does Sisco Sapena own after his latest purchase?

After the latest purchase, Sisco Sapena owns 37.71% of Lleida.net.

What were Lleida.net's sales figures for 2020?

Lleida.net reported a sales increase of 20%, reaching 16.42 million euros in 2020.

How much did Lleida.net's Software as a Service (SaaS) revenue grow in 2020?

The SaaS revenue of Lleida.net grew by 59% in 2020, totaling 5.69 million euros.

What contract did Lleida.net sign in January 2021?

In January 2021, Lleida.net signed an exclusive contract with Emirates Post to provide services in the UAE.