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Digitalspecified on Australian exchange of securities (ASX), has pushed himself against the claim that one of his directors could break the trading rules.
The company announced that it followed its internal politics after the ASX caused concern about the recent purchase of the share of Ie’s Guog and its business relationships with Father Antanas “Tony G” Guog.
According to An 11 August Report of Australian Financial ViewASX is Watching whether Ieva Guoga bought 3 million shares just before the announcement on May 29th..
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Digitalx has invested investment of $ 11.6 million in Solana
SALT
178,72 USD
tokens. The exchange also wants details of all related transactions involving her father.
The company explained that Its policy shows certain time periods when directors can buy or sell shares. Before they make a store, they must obtain a higher staff approval.
These rules should prevent trading to happen, while the company holds information that could affect its share price and have not yet shared them with the public.
Antanas Guoga has about 15% digitalx. He is also the president of Sol Strategies, a Canadian company that recently signed a 12-month contract to provide Solana Digitalx investment services. This business relationship added concern about possible conflicts of interest.
In order to make a more formal problem, Digitalx Plans to hold a shareholder voter on September 5.
Recently, Paxos agreed to pay $ 48.5 million to resolve the New York financial regulator. What happened? Read the whole story.
