CEO buying at Velan (VLN)

CEO buying at Velan (T:VLN)

Yves Jacques Leduc, CEO and Director, acquired 25,000 Subordinate Voting Shares on a direct ownership basis at prices ranging from $15.040 to $15.100 between June 6th and 7th, 2018. This represents a $376,102 investment into the company's shares and an account share holdings change of greater than 100%.

Velan is in the Industrial Machinery & Equipment Sub Industry Group under the Industrials Sector.

Velan Inc. designs, manufactures and markets a range of industrial valves for use in various industry applications across the world, including power generation, oil and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The Company produces steel industrial valves operating approximately 15 manufacturing plants across the world. The Company has operations in geographies, including Canada, the United States, France, Italy and Other. The Company's North American operations comprise approximately four manufacturing plants and a distribution facility in Canada, as well as a manufacturing plant and over three distribution facilities in the United States. The Company's overseas operations include manufacturing plants in France, Italy, Portugal, the United Kingdom, Korea, Taiwan, India and China. The Company's operations also include a distribution facility in Germany and over 50% owned Korean foundry.