The Valea Foundation, which is associated with major shareholder Karel Komárek, bought 283,899 shares in Allwyn for a total of €3.49 million on 14 October.
According to a disclosure by Allwyn, the transaction was carried out on the Athens Stock Exchange at an average purchase price of €12.31 per share.
The company disclosed the transaction on 15 October, in fulfilment of its obligations to report transactions by persons discharging managerial responsibilities and persons closely associated with them under the EU Market Abuse Regulation (MAR).
The Valea Foundation is associated with Pavel Saroch, a non-executive member of Allwyn’s Board of Directors, and Paul Schmid, an independent non-executive member.
The purchase is a notable transaction in the company’s shares, with the total consideration approaching €3.5 million.