Tap Global Group Plc Directors Acquire Significant Shareholdings in Company

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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.

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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.

Frequently Asked Questions (FAQs) Related to the Above News

Who has acquired significant shareholdings in Tap Global Group Plc?

David Carr, the Chief Executive Officer, and Arsen Torosian, the Chief Strategy Officer, have acquired significant shareholdings in the company.

How many shares did David Carr purchase and at what price?

David Carr purchased 220,798 ordinary shares at an average price of 2.26 pence per share.

How many shares did Arsen Torosian purchase and at what price?

Arsen Torosian purchased 4,735,000 ordinary shares at an average price of 2.31 pence per share.

What percentage of the company's issued share capital does David Carr now hold?

Following the acquisitions, David 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.

What percentage of the company's issued share capital does Arsen Torosian now hold?

Arsen Torosian now holds a total beneficial interest of 393,985,000 ordinary shares, representing 56.82% of the company's issued share capital.

What services does Tap Global Group Plc provide?

Tap Global Group Plc provides an innovative and fully integrated fiat payments and crypto settlement service. Users have access to several major cryptocurrency exchanges through their Tap App, 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.

Is Tap Global Group Plc regulated?

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

What do the recent share acquisitions by the directors signify?

The recent share acquisitions by the directors signify their confidence in the company's future prospects and their commitment to its success and growth.

How will David Carr and Arsen Torosian contribute to the company's ongoing development and expansion?

With their extensive experience and expertise, David Carr and Arsen Torosian are well-positioned to contribute to the company's ongoing development and expansion in the rapidly evolving cryptocurrency market.

What is Tap Global Group Plc's mission?

Tap Global Group Plc aims to provide a seamless and user-friendly experience for cryptocurrency enthusiasts while bridging the gap between traditional finance and blockchain technology.

What impact does Tap Global Group Plc hope to make in the cryptocurrency industry?

With the support of its dedicated team and visionary directors, Tap Global Group Plc is poised to make a significant impact in the cryptocurrency industry.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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