Tap Global Group Plc Directors Acquire Significant Shareholdings in Company

Tap Global Group Plc Directors Acquire Significant Shareholdings in Company

Tap Global Group Plc, a regulated cryptocurrency app bridging the gap between traditional finance and blockchain technology, has announced that two of its directors have acquired significant shareholdings in the company. David Carr, the Chief Executive Officer, purchased 220,798 ordinary shares, while Arsen Torosian, the Chief Strategy Officer, acquired 4,735,000 ordinary shares.

Mr. Carr purchased 220,798 shares at an average price of 2.26 pence per share, while Mr. Torosian purchased 4,735,000 shares at an average price of 2.31 pence per share. Following the acquisitions, Mr. Carr’s total beneficial interest in the company is now 34,160,798 ordinary shares, representing 4.98% of the company’s issued share capital. Mr. Torosian, on the other hand, now holds a total beneficial interest of 393,985,000 ordinary shares, representing 56.82% of the issued share capital.

Tap Global Group Plc provides an innovative and fully integrated fiat payments and crypto settlement service. Through their Tap App, users have access to several major cryptocurrency exchanges, allowing them to purchase and store over 40 cryptocurrencies directly in their wallets. The app also enables users to store fiat currency denominated in Sterling, Euros, and USD. Additionally, users can utilize the Tap card (EU only) to convert their cryptocurrencies to fiat for spending at more than 37 million merchant locations worldwide.

Tap Global Group Plc is one of the few unified solutions operators fully regulated to provide DLT (Distributed Ledger Technology) services. The company was also the first cryptocurrency FinTech company approved by Mastercard in Europe.

These recent share acquisitions by the directors reflect their confidence in the company’s future prospects. It signifies their commitment to the success and growth of Tap Global Group Plc. With their extensive experience and expertise, Mr. Carr and Mr. Torosian are well-positioned to contribute to the company’s ongoing development and expansion in the rapidly evolving cryptocurrency market.

Tap Global Group Plc continues to provide a seamless and user-friendly experience for cryptocurrency enthusiasts, bridging the gap between traditional finance and blockchain technology. With the support of its dedicated team and visionary directors, the company is poised to make a significant impact in the cryptocurrency industry.