CIBT Education Group (MBA) has notable insider buying

CIBT Education Group (T:MBA)

Toby Chu, CEO and Director, acquired 6,000 Common Shares on an indirect ownership basis for registered holder Concordia Financial Managment Corp. at a price of $0.670 through the public market on December 29th, 2017. This represents a $4,020 investment into the company's shares and an account share holdings change of 0.1%.

Shane Weir, a Director, acquired 43,500 Common Shares on an indirect ownership basis for registered holder Accredited Services Limited at a price of $0.660 through the public market between December 21st, 2017 and December 29th, 2017. This represents a $28,710 investment into the company's shares and an account share holdings change of 7.1%.

CIBT Education Group Inc. is an education and student-housing investment company focused on the global education market. The Company's business operations include education, media communications, income producing property and real estate development. Its business units include CIBT School of Business & Technology Corp. (CIBT); Global Education Alliance Inc. (GEA); IRIX Design Group Inc. (IRIX); Sprott-Shaw Degree College Corp. (SSDC); Global Education City Holdings Inc. (Global Education Holdings); Vancouver International College (VIC), and Corporate (head office) functions. Its education business is conducted through the CIBT segment and its subsidiaries in Asia, and through the SSDC and the VIC in Canada. It operates its media communications business through the IRIX and its subsidiaries. Global Education Holdings is an investment holding and management company. Its real estate arm owns and operates a network of serviced apartments and hotels.