(Alliance News) - Matomy Media Group Ltd on Tuesday said it is in talks with "certain" shareholders who could potentially buy up to a 23% stake in the firm.
Medical devices company Medigus Ltd on Thursday said it purchased 2.3 million Matomy shares, roughly a 2.3% stake, at a price of NIS0.23, about 0.052 pence each.
Matomy said on Tuesday that it is continuing talks "with certain shareholders of Matomy for the potential purchase of up to additional 23% of the issued and outstanding share capital of the company based on the same price per share".
Shares in the company closed 8.4% higher at 4.70 pence each in London on Tuesday.
By Eric Cunha; ericcunha@alliancenews.com
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