t42 CEO Settles Loan with Share Transfer
Company Announcements

t42 CEO Settles Loan with Share Transfer

t42 IoT Tracking Solutions PLC (GB:TRAC) has released an update.

t42 IoT Tracking Solutions PLC, a leader in real-time tracking for shipping containers, has announced a significant share transfer by its CEO, Avi Hartmann, who has transferred over 1.3 million shares to A-Labs Finance and Advisory Ltd to settle a £127k loan. Following the transaction, Hartmann’s interest in the company is now at approximately 8.06% of the issued share capital. This strategic move is part of t42’s ongoing commitment to providing advanced IoT tracking and monitoring solutions across the global freight market.

For further insights into GB:TRAC stock, check out TipRanks’ Stock Analysis page.

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