24 October 12 14:38–The share price of EZ Energy Ltd. (TASE:EZ) is up 25.8% by mid-afternoon to NIS 0.039, after the company announced yesterday that controlling shareholder Eli Zahavi bought 32.3 million shares (3.1% of the company) in an off-floor deal, through his company EZ Energy LLC. The deal boosted Zahavi’s stake in the company to 79.3%.

Zahavi paid NIS 0.03 per share, the same as yesterday’s opening price, giving a market cap of NIS 33 million. EZ Energy’s share price fell 38% over the 12 months through yesterday…Read More>>

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