Insiders at Malibu Life Holdings Limited acquired shares in an open offer and private placement concluded on August 21, according to regulatory filings. The transactions were executed outside trading platforms and disclosed in compliance with Article 19 of the United Kingdom Market Abuse Regulation, following a company announcement on August 19.
Chairman Dimitri Goulandris purchased 12,983 ordinary shares at $14.50 each for a total of $188,253.50. Chief Executive Officer Todd Shriber acquired 14,843 shares at the same price, totaling $215,223.50. Non-executive director Josh Targoff bought 17,683 shares, while Rupert Dorey, another non-executive director, purchased 5,984 shares. The largest single transaction came from Gatemore Special Opportunities Master Fund, which acquired 87,383 shares for $1.267 million.
Additional purchases included Rosemary Dorey, closely associated with director Rupert Dorey, who bought 9,167 shares, and non-executive director Luana Majdalani, who acquired 5,934 shares. Robert Hou, head of reinsurance, also participated with a purchase of 5,934 shares. All transactions occurred at the same price of $14.50 per share, with total insider buying exceeding $2.26 million.
