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DIRECTOR DEALINGS: IQ-AI CEO Converts Loans Into Shares, Sells Some

Wed, 09th Dec 2020 16:56

IQ-AI Ltd - medical software company with headquarters in Jersey - Chief Executive Officer Trevor Brown converts loan notes into shares on Wednesday and is issued with 9.3 million shares in total. The conversions are at 1.5 pence and 2.0p. He also sells 1.9 million shares at an average of 9.04p, worth GBP171,760, on Monday and Tuesday. Brown now has 49.8 million shares, a 29% stake.

Current stock price: 9.50 pence

Year-to-date change: up significantly from 3.95p on December 31, 2019

By Tom Waite; thomaslwaite@alliancenews.com

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