(Alliance News) - Matomy Media Group Ltd said Tuesday Non-Executive Director Nir Tarlovsky has resigned with immediate effect, following the sale of all his shares in the company on Monday.
Tarlovsky has been part of the company since its London IPO in 2014.
Tarlovsky disposed of 3.5 million shares in the Israeli media firm at a price of ILS0.12 each, totalling ILS806,227, around GBP181,295.
Shares in Matomy were up 5.3% at 5.00 pence on Tuesday in London.
By Dayo Laniyan; dayolaniyan@alliancenews.com
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