Brainsway reports open market stock purchase by board member

BrainsWay reported a recent open market purchase of BrainsWay American Depositary Receipts by Yossi Ben Shalom, an independent Director on the Company’s Board. Ben Shalom purchased 147,500 ADRs on the open market for a total amount of $277,300, at an average price of $1.88 per ADR. The ADR purchase was made on the Nasdaq exchange, and follows recent open market stock purchases by additional BrainsWay board members, including its Chairman, Dr. David Zacut, and Avner Hagai. The Company’s ordinary shares are listed and traded on the Tel Aviv Stock Exchange.