(Sharecast News) - Gfinity revealed on Monday that chief executive David Halley had acquired 200.0m ordinary shares in the AIM-listed eSports business.

Halley, who took over as CEO in August 2023, purchased the shares on Friday at an average price of 0.02p each, for a total value of £30,000.

Following the transaction, Halley holds a beneficial interest in 281.34m ordinary Gfinity shares, representing 7.82% of the company issued share capital.

As of 1630 BST, Gfinity shares were up 70.0% at 0.026p.

Reporting by Iain Gilbert at Sharecast.com

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