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Vault Intelligence’s recently appointed COO buys shares on-market

Vault provides risk and safety management software in Australia with over 400 customers across 8 countries and offices in Christchurch, Melbourne, Sydney and Perth.

man with briefcase running up ascending share price arrow
The company aims to develop comprehensive risk and safety software to help create a safer workplace

Vault Intelligence Ltd (ASX:VLT) executive director David Rose has purchased 25,000 shares in the company through on-market trades.

The purchase was valued at $4,429 and increases his overall holding to 141,500 shares.

In late January 2019, Vault expanded Rose’s role to include chief operating officer (COO) and chief information officer (CIO).

In his capacity as COO he is leading the strategic and structural changes to drive revenue growth both directly and via partners.

His appointment allows CEO David Moylan to provide greater focus on increasing strategic engagements and capitalise on key global opportunities for the business.

READ: Vault Intelligence enters strategic partnership for Solo safety solution with Jurong Port in Singapore

Most recently, Vault igned a memorandum of understanding (MoU) with Jurong Port for the implementation of Vault’s Solo software security solution.

Solo is an environmental, health and safety solution that aims to enhance operational efficiency, employee safety, security and welfare across the port.

Quick facts: Vault Intelligence Ltd

Price: 0.465 AUD

ASX:VLT
Market: ASX
Market Cap: $59.52 m
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