Madrid, 1 September - Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) CEO Sisco Sapena acquired 25,000 new shares in the company yesterday.

Sapena, who founded the company in 1995, becomes the owner of 34.89% of the listed company through this purchase.

The transaction, reported to the CNMV in compliance with the relevant regulations, was carried out at a weighted average price of EUR 2.29 per share.

It is the second time within the last 30 days that Sapena buys Lleida.net shares.

"I believe our company's shares are undervalued, according to all the analysts covering the stock reports. I trust in the company's teamwork, and I will bet on them as long as necessary", stated Sapena.

The company, founded in 1995 and listed on BME Growth, Euronext Growth and OTCQX, has proven over the last few years its countercyclical growth capacity and the effectiveness of its services to support economic sectors in challenging times.

During the first six months of 2022, the Spanish-listed company Lleida.net recorded a 27% growth in sales, 10.5 million worth over, an all-time high.

The company now holds 213 patents for its inventions, representing one of the largest Intellectual Property portfolios in its sector worldwide.

Over 60 countries on all five continents have granted awards to the company, including the European Union, the United States, China, Russia, India, Mexico, Japan, Colombia, Argentina, Peru, South Africa, Nigeria, Australia and New Zealand.