18 February 2016
TechFinancials Inc.
("the Company")
Director's Dealing
TechFinancials (AIM: TECH), was informed today that its Chief Executive Officer, Asaf Lahav, acquired on 18 February 2016 25,000 ordinary shares of US$0.0005 ("Ordinary Shares") through an off-market purchase at a price of 12.0p per Ordinary Share.
Following this share purchase, Mr Lahav holds 9,124,997 Ordinary Shares representing 13.30 per cent. of the Company's total voting rights. In addition, Mr Lahav holds 18,621 Ordinary Shares via NetMavrik Limited.
- Ends -
For further information:
TechFinancials, Inc.
Asaf Lahav, Group Chief Executive Officer
[email protected]
Yuval Tovias, Chief Financial Officer
www.group.techfinancials.com
Grant Thornton UK LLP (Nominated Adviser)
Colin Aaronson / Jen Clarke/Carolyn Sansom
Tel: +44 (0) 20 7383 5100
Northland Capital Partners Limited (Broker)
Patrick Claridge/ David Hignell/ John Howes
Tel: +44 (0) 20 7382 1100
Peterhouse Corporate Finance Limited (Joint Broker)
Lucy Williams / Eran Zucker
Tel: +44 (0) 20 7469 0932
Media enquiries:
Abchurch Communications Limited
Jamie Hooper / Canace Wong
Tel: +44 (0) 20 7398 7719
www.abchurch-group.com
Notes to editors:
TechFinancials was formed in 2009 to create a simplified trading solution for online brokers wanting to provide a platform for retail customers to trade in Binary Options. TechFinancials' platform is based on a proprietary pricing engine, which enables online brokers to price and market short-term Binary Options and Exotic Options. In 2014, around 18% of all deposits which are made to trade Binary Options globally were processed using TechFinancials' software. In early 2014, TechFinancials began to focus on the Asian market, securing distribution in Japan and China.