INSILICO Chairman Plans Share Acquisition of Up to HK$16 Million

Stock News08:08

INSILICO (03696) has announced that its Board Chairman, Executive Director, Chief Executive Officer, and Chief Commercial Officer, Aleksandrs Zavoronkovs, intends to purchase additional shares of the company on the open market using his personal funds. The move reflects his confidence in the company's future development prospects and recognition of its long-term investment value, and will be conducted in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and other applicable laws and regulations.

The share purchases are scheduled to take place within September 2026, with an estimated total amount of up to HK$16 million. Previously, Mr. Zavoronkovs also invested in the company's Series D financing round in 2022.

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