Off-market insider selling at Dye & Durham (DND)

Off-market insider selling at Dye & Durham (T:DND)

Plantro Ltd., a 10% Holder, disposed of 476,190 Common Shares on a direct ownership basis at a price of $21.000 through a private transaction on September 30th, 2020. This represents a $9,999,990 divestment of the company's shares and an account share holdings change of -5.4%.

In addition, Charles Ford MacCready, a Senior Officer, disposed of 11,904 Common Shares on a direct ownership basis. This represents a $249,984 divestment of the company's shares and an account share holdings change of -31.6%. Eric Tong, a Senior Officer, also disposed of 11,904 Common Shares on a direct ownership basis at a price of $21.000 through a prospectus or prospectus exempt offering on September 30th, 2020. This represents a $249,984 divestment of the company's shares and an account share holdings change of -20.8%.

Dye & Durham is in the IT Services & Consulting Sub Industry Group under the Technology Sector.

Dye & Durham Limited is a Canada-based provider of cloud-based software and technology solutions. Its platform connects the global network of professionals with public records to support business transactions and regulatory compliance. The Company's solutions serves law firms, financial service institutions, and government organizations. Its legal software automates workflow and streamlines access to public records to support end-to-end legal transactions-solutions range from due diligence searches on an acquisition or financing to corporate registrations and the automation of all documents required to complete a real estate purchase, sale and mortgage. It provides government agencies with searches on corporations and individuals to facilitate investigations and compliance reviews. To financial service institutions, it offers a range of technology-enabled risk mitigation solutions focused on challenges related to Anti-Money Launderings/Know-Your-Customer and lien management. Dye & Durham Limited (DND) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, three insiders have divested a net amount of $10,499,958.