Ballantyne Strong Shareholder Announces Program To Purchase Additional Shares
Charlotte, NC, March 17, 2020 (GLOBE NEWSWIRE) – Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced that its largest shareholder, Fundamental Global Investors, LLC (“Fundamental Global”) entered into a stock trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “10b5-1 Plan”), for the purchase of up to one million shares of common stock of the Company. The 10b5-1 Plan becomes effective on April 2, 2020 and will terminate on April 2, 2021 or such earlier date as set forth in the 10b5-1 Plan. Transactions under the 10b5-1 Plan, if any, will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.