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TZ Limited Director Acquires Shares On Market

TZ Limited (ASX: TZL) executive director Kenneth Ting has purchased 500,000 shares in the company through an on market trade.

Ting paid an average of $0.11 per share, or a total consideration of $55,000, for the shares, bringing his total shareholding up to 3,068,338 shares.

He also holds 2.25 million unlisted options.

TZ in late October revealed it had made a strong start towards achieving its forecast financial year 2014 revenue of $8 million with revenue of $1.1 million in the September 2013 quarter about 17% higher than previous guidance.

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