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Colt CZ – the head of the American Colt is getting rid of the shares of the company

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The current scoring season also continues Prague Stock Exchange almost behind us. FROM PX index A relationship is expected economic results in the first half of the year alone three companies. In early September, he will report on the beverage department Fuck youthen at the end of the indicated month
tobacco Philip Morris. “Between” Thursday 22 September is expected the report of the domestic gunsmith
Foal CZ. So originally companies CZGČeská zbrojovka Groupthan after the acquisition American companies Foal later this spring it changed its name to Foal
CZ Group (hereinafter referred to as Foal CZ).

As the regulatory report reveals, one month before the report economic results with relatively significant sales Actions
Dennis Veilleux resorted to the armory. That is, the longtime boss of the takeover American
companies Foal, who later became a member of the board of the entire armed group a year ago. As reported so far Prague Stock Exchange on Thursday, Friday
and sold on Monday almost 14 in total tis. Actions Foal CZ. It sold for prices ranging between approximately 522-527 CZK and received a total of over 7.3 million. CZK.

Sales in total already more than 32 tis. Actions Foal CZ

They parties These were not Dennis Veilleux’s first sales. A week after last year’s report results zbrojovky resorted to the first transaction at the end of March this year. Subsequently, it sold a significant volume in the second half of April. That is, not long after the parties Actions as part of the so-called accelerated book building, the main shareholders of the group were disposed of.

In short, Veilleux sold in a few weeks already in the spring more than 18 tis. Actions Foal
CZ
. Compared to the present, at significantly higher prices, or in the 580-618 price range CZK. On the other hand, it should be added that it is now on sale in August
Actions in comparison, it has also collected this year from society paid dividend 25
CZK lousy.

Even so, a board member’s transactions can be viewed negatively by the market when Veilleux Actions actually sold at the lowest prices in the last six months.


Economy companies at the same time, thanks to the aforementioned acquisition, this year should undergo a significant leap. They have already indicated it the results for the first quarter of the year, when the group’s revenues increased 75% on an annual or operating basis
EBITDA profit even by 120% to 955 million. CZK. He would then have for the whole year according to the same forecasts companies it should have reached 3-3.3 billion CZK.

It can be added that Veilleux v American he has been working for the company since 2006 and has held the leading position since 2013. He was therefore fundamentally responsible for the restructuring and transformation American producer, which then culminated in the connection with Czech armory.

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