Brainsway reports open market stock purchases by two board members

BrainsWay reported that David Zacut, M.D., BrainsWay’s Chairman of the Board of Directors, and Avner Hagai, an independent Director on BrainsWay’s Board, separately purchased BrainsWay ordinary shares in recent open market purchases. Dr. Zacut purchased 431,797 ordinary shares on the open market for a total amount of 1,607,676 NIS, at an average price of approximately 3.72 NIS per share. Following this transaction, he holds 6.71 percent of the Company’s total issued and outstanding shares. Mr. Hagai purchased 403,312 ordinary shares on the open market for a total amount of 1,581,048 NIS, at an average price of approximately 3.92 NIS per share. Following this transaction, he holds 6.49 percent of the BrainsWay’s total issued and outstanding shares.