Off-market insider selling at iFabric (IFA)

Off-market insider selling at iFabric (T:IFA)

Hylton Karon, CEO, disposed of 125,000 Common Shares on a direct ownership basis at a price of $2.750 through a private transaction on June 6th, 2017. This represents a $343,750 divestment of the company's shares and an account share holdings change of -1.3%.

A day earlier, Susan Karon, a 10% Holder, disposed of 125,000 Common Shares on a direct ownership basis at the same price through a private transaction. This represents a $343,750 divestment of the company's shares and an account share holdings change of -1.3%.

iFabric is in the Apparel & Accessories Sub Industry Group under the Consumer Cyclicals Sector.

iFabric Corp. is a Canada-based company, which is engaged in the business of designing and manufacturing women's intimate apparel and sleepwear, as well as a range of accessories. The Company is also engaged in the business of distributing a range of specialty textiles, as well as the chemical products that are suitable for application to textiles. It operates through three segments: Intimate Apparel, Intelligent Fabrics and Other. The Intimate Apparel segment includes the design and distribution of women's intimate apparel, sleepwear and accessories. The Intelligent Fabrics segment includes the development and distribution of products and treatments that are suitable for application to textiles, plastics, liquids and hard surfaces. The Other segment includes leasing of property to group companies, related parties and third parties. The Company's products include Enguard Insect Repellent Fabric, Dreamskin, Protx2, UVtx, FreshTx, DryTx and RepelTX.