ZEG Insider Trading

Zegona is a British company investing strategically across the Europe with the objective of acquiring businesses in the European TMT sector, using a "Buy-Fix-Sell" strategy to deliver attractive shareholder returns. The first acquisition made by Zegona was of Asturian telecommunications operator Telecable in 2015. Telecable was later sold to Euskaltel in 2017, at which point Zegona acquired a 15% ownership of Euskaltel. Zegona has subsequently increased its disclosable interest in Euskaltel to over 20%, becoming the largest shareholder in the company. The Directors expect to drive Euskaltel performance improvement, leveraging Zegona's influence at the Euskaltel Board and Strategy Committee. Zegona's Directors intend to make further acquisitions that they believe could create a combined business with an enterprise value in the range of £1-3 billion. Zegona was founded in 2015 by Eamonn O'Hare, current CEO, and Robert Samuelson, current COO.