Sisco Sapena buys 44,000 shares of Lleida.net after the acquisition of Indenova

Rhea-AI Summary

Sisco Sapena, CEO and founder of Lleida.net (OTCQX: LLEIF), acquired 44,000 shares at EUR 4.03 each, increasing his ownership to 34.27%. This marks his sixth purchase this year, totaling over 146,000 shares. The acquisition occurred on the same day Lleida.net's General Meeting approved the purchase of Indenova for EUR 7.1 million. Lleida.net is a leader in registered electronic signatures with a strong IP portfolio, holding over 200 patents across 63 countries.

Positive

• Sapena increases his stake to 34.27%, signaling confidence in the company.
• Strategic acquisition of Indenova for EUR 7.1 million could enhance business operations.

Negative

• None.

MADRID, Dec. 1, 2021 /PRNewswire/ -- The CEO and founder of Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF), Sisco Sapena, bought on Monday a package of 44,000 new shares of the company.

The acquisition was executed at a weighted average price of EUR 4.03 and was duly notified to the Spanish regulators.

With this purchase, Sapena now owns 34.27% of the company, which is listed in Madrid, Paris and New York.

Sapena has already purchased shares of the company he founded in 1995 on six occasions this year.

This purchase brings the number of shares acquired over the course of 2021 to more than 146,000 shares.

The purchase was made on the same day that the General Meeting of Lleida.net approved with a gram majority the purchase of the Spanish technology company Indenova for an amount of 7.1 million euros.

Lleida.net is Europe's leading company in the registered electronic signature, notification and contracting industry.

With more than 200 patents received from over 60 countries internationally, Lleida.net has one of the strongest intellectual property portfolios in the industry.

Its technology has received more than 200 patents from 63 countries on five continents, and its intellectual property portfolio is one of the largest in the industry worldwide.

View original content:https://www.prnewswire.com/news-releases/sisco-sapena-buys-44-000-shares-of-lleidanet-after-the-acquisition-of-indenova-301434875.html

SOURCE Lleida.net

FAQ

What recent share purchase did Sisco Sapena make for Lleida.net (LLEIF)?

Sisco Sapena bought 44,000 shares of Lleida.net at EUR 4.03 each.

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

After the recent purchase, Sapena owns 34.27% of Lleida.net.

What was the acquisition amount approved for Indenova by Lleida.net?

The acquisition of Indenova was approved for EUR 7.1 million.

How many shares has Sisco Sapena purchased in total this year?

Sapena has purchased over 146,000 shares of Lleida.net this year.

What is Lleida.net known for?

Lleida.net is Europe's leading company in registered electronic signatures and has a robust IP portfolio.