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Freelancer's CEO And Chairman Matt Barrie Buys Shares On-Market

Freelancer's (ASX:FLN) chief executive officer and chairman, Matt Barrie, has increased his stake in the company through on-market trades.

Barrie purchased 18,000 shares at $0.60 per share, for a consideration of $10,800.

Barrie has a direct holding of over 200 million shares, with other holdings including: Holding in Infilsec Pty Ltd for 108,000 shares (which this purchase relates to); and Holding in Taipan Investment Management Pty Ltd. 20,309 shares.

The director also has voting power of over 20% in Freelancer, which has a relevant interest as a result of trading restrictions over shares issued under the ESP for around 5.9 million shares.

Freelancer is the world's largest freelancing, outsourcing and crowdsourcing marketplace by number of users and projects.

The company reported receipts from customers of $6.8 million in the September 2014 quarter, up from the $6.3 million it received in the June quarter.

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