Asite non-exec boosts shareholding

Gordon Ashworth, one-time CEO of UK-based Software-as-a-Service (SaaS) collaboration vendor Asite and now a non-executive director, has taken advantage of the company’s low share-price (down to an all-time low of 1.25p recently) to bag a further 156,250 shares at an average price of 1.41 pence. According to today’s London Stock Exchange announcement, he now holds 591,805 of the company’s ordinary shares (approximately 0.57 per cent of Asite’s issued ordinary share capital – a similar sized holding to those of CEO Tony Ryan and COO Nathan Doughty – see July posts Asite directors buy shares and More Asite director share buys).

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