Exclusive interview with Zaf Karim, Executive Chairman Legendary Investments discusses the importance of directors being aligned with shareholders and the implications in terms of valuation.

14 May 2018 Legendary Investments PLC said that Executive Chairman Zafar Karim bought a total of 100 million shares.

Zafar bought the shares at 0.1 pence per share. After the transaction he will hold a total of 155 million shares in the company. 

The transaction follows a Legendary Legendary Investments placing of 550 million shares to fund seed investments and repay debt.

Shares in Legendary Investment were trading at 0.11p, down by 8.5%.