May 22 (SeeNews) - Wolfgang Kirsch, chief executive officer of Allterco [BUL:A4L; FRA:A4L], acquired 4,100 shares in the company at a price of 12.10 euro ($13.09) per share, the Bulgarian IoT products maker said.
The stock was purchased on the regulated market of the Frankfurt Stock Exchange, in three separate transactions that took place on May 16, Allterco said after close of trading on Friday.
The purchase price was 3.4% higher than Allterco's open on the day of the transaction, Frankfurt bourse data showed.
As of 1237 CEST on Monday, shares in Allterco were trading 4.25% higher at 13.50 euro in Frankfurt. On the Sofia bourse, the stock was changing hands 3.63% higher at 25.70 levs ($14.21/13.14 euro).
Last week, Allterco projected revenue from sales of IoT devices and related services to jump to over 200 million euro in 2026 from the 72 million euro forecast for 2023.
($ = 0.9241 euro)