Purchased 156,750 Shares at Average Price of $0.26 per Share
VANCOUVER, BC / ACCESSWIRE / March 2, 2015 / RYU Apparel Inc. (TSX VENTURE: RYU), a global performance training and fitness brand, has reported that its insiders have purchased 156,750 shares of RYU common stock in the open market since June 30, 2014. These purchases were executed during trading windows pursuant to RYU's insider trading policy and disclosed in the Company's current reports on Form 3 and Form 4 filed with the SEC that can be accessed on the website at www.sec.gov.
Marcello Leone, RYU's CEO, President and Chairman, stated, "we believe that this insider support demonstrates our team's enthusiasm and optimism about the future outlook of RYU."
- February 4, 2015, Martino Ciambrelli purchased 5,000 shares at $0.24
- January 21, 2015, Martino Ciambrelli purchased 5,000 shares at $0.22
- January 14, 2015, Peter Pan purchased 50,000 shares at $0.2032
- November 27, 2014, Jameel Vaghela purchased 2,500 shares at $0.28
- October 10, 2014, Jameel Vaghela purchased 4,000 shares at $0.28
- September 23, 2014, Jameel Vaghela purchased 500 shares at $0.26
- August 25, 2014, Maria Leone purchased 4,500 shares at $0.29
- August 6, 2014, Maria Leone purchased 13,000 shares at $0.29
- July 31, 2014, Maria Leone purchased 7,500 shares at $0.29
- July 24, 2014, Peter Pan purchased 10,000 shares at $0.30
- July 21, 2014, Peter Pan purchased 14,750 shares at $0.2864
- July 16, 2014, Peter Pan purchased 20,000 shares at $0.3244
- July 10, 2014, Peter Pan purchased 10,000 shares at $0.19
- June 30, 2014, Peter Pan purchased 10,000 shares at $0.27
For regular updates on RYU apparel, be sure to check out: https://www.facebook.com/RYUapparel
About RYU
RYU Apparel Inc. is a global performance training and fitness brand with origins in the movements and philosophy of martial artistry, created for the multi-discipline athlete. We deliver uncompromising style, comfort, durability, and function for our customers. We exist to facilitate the best in human performance. For more information, visit www.ryu.com.
On Behalf of the Board
RYU APPAREL INC.
Marcello Leone, CEO, President and Chairman of the Board
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements regarding the future outlook of RYU are "forward- looking statements", which are subject to risks and uncertainties, which may cause the actual results, performance or achievements of RYU to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, that RYU's business plan is dependent on additional financing, which it may be unable to obtain on terms acceptable to RYU, changes in general economic or market conditions that could impact consumer demand for RYU's products, and RYU's ability to execute on its business plan. The material assumptions supporting these forward-looking statements include, among other things: RYU's ability to obtain any necessary financing on acceptable terms; timing and amount of capital expenditures; the enforcement of its intellectual property rights; continuation of current tax and regulatory regimes; current exchange rate and interest rates; and general economic and financial market conditions. Except as required by law, RYU undertakes no responsibility to update any of the forward-looking statements contained in this news release.
Investor Relations
+1 877 367 0704
ir@ryu.com
Hayden IR
917-658-7878
hart@haydenir.com
Media Inquiries
Public Relations
RYU Apparel, Inc.
+1 877 798 8326
pr@ryu.com
SOURCE: RYU Apparel, Inc.