Teddy Sagi Boosts SafeCharge Stake with £13m Investment
Posted: Wed Sep 26, 2018 11:41 am
Israeli entrepreneur Teddy Sagi has increased his stake in SafeCharge. According to a regulatory filing he has purchased another 4 million shares to bring his total stake in the company to 68.34%.
The move comes as the Israeli magnate has been reducing his stake in Playtech, a company which he founded.
The other side of the transaction was a company related to the CEO and co-founder of SafeCharge, David Avgi. This is the first time he is cashing out of the company.
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SafeCharge Growth
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