Applabs Technologies Director Rocco Tassone Continues On-Market Buying

Jul. 03, 2015 2:52 AM ET
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Applabs Technologies (ASX:ALA) non-executive director Rocco Tassone has further increased his indirect interest by buying $23,100 worth of shares in on market purchase.

His indirect interests acquired 220,000 shares at $0.105 each, taking his total holding up to 835,000 shares.

Tassone previously acquired 210,000 shares between 15th June and 19th June.

The company has also received a Price and Volume Query from the ASX after its shares reached an intra-day high of $0.13 on Thursday, 2nd July, from an opening price of $0.09 on Tuesday, 30th June.

The company said that it is not aware of any information to explain the recent trading.

Applabs is selling part of its Fee for Service division to Dapper Apps Pty Ltd, allowing it to continue its core focus of maturing its strategic investments.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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