Insider Selling: World Chess PLC (LON:CHSS) Insider Sells 3,200,000 Shares of Stock

Posted by George Bondi on Jun 26th, 2025

World Chess PLC (LON:CHSS – Get Free Report) insider Ilya Merenzon sold 3,200,000 shares of the business’s stock in a transaction on Thursday, June 19th. The stock was sold at an average price of GBX 3 ($0.04), for a total transaction of £96,000 ($131,165.46).

Ilya Merenzon also recently made the following trade(s):

On Tuesday, June 24th, Ilya Merenzon bought 24,390,244 shares of World Chess stock. The shares were purchased at an average price of GBX 3 ($0.04) per share, with a total value of £731,707.32 ($999,736.74).
On Wednesday, June 18th, Ilya Merenzon sold 2,300,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total transaction of £69,000 ($94,275.17).
On Friday, June 20th, Ilya Merenzon sold 2,200,000 shares of World Chess stock. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £66,000 ($90,176.25).
On Tuesday, June 17th, Ilya Merenzon sold 4,740,000 shares of World Chess stock. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £142,200 ($194,288.84).
On Wednesday, June 4th, Ilya Merenzon sold 2,500,000 shares of World Chess stock. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £75,000 ($102,473.02).
On Friday, June 6th, Ilya Merenzon sold 2,600,000 shares of World Chess stock. The shares were sold at an average price of GBX 4 ($0.05), for a total value of £104,000 ($142,095.91).
On Monday, June 9th, Ilya Merenzon sold 1,800,000 shares of World Chess stock. The shares were sold at an average price of GBX 4 ($0.05), for a total value of £72,000 ($98,374.09).
On Thursday, June 12th, Ilya Merenzon sold 5,000,000 shares of World Chess stock. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £150,000 ($204,946.03).
On Tuesday, May 13th, Ilya Merenzon purchased 20,000,000 shares of World Chess stock. The stock was acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £600,000 ($819,784.12).

World Chess Stock Down 7.3%

Shares of CHSS opened at GBX 2.78 ($0.04) on Thursday. The stock has a 50 day moving average price of GBX 3.25 and a 200 day moving average price of GBX 3.85. The company has a market capitalization of £23.08 million and a price-to-earnings ratio of -5.46. World Chess PLC has a 52-week low of GBX 2.50 ($0.03) and a 52-week high of GBX 18 ($0.25).

About World Chess

(Get Free Report)

World Chess (LSE: CHSS) is a London-based chess gaming and entertainment company and International Chess Federation (‘FIDE’) official commercial partner.

The Company’s vision is to build a global, leading intellectual sports brand by reinventing chess for the modern consumer. World Chess intends to do this by becoming the leading platform for the global chess community through online, in person and hybrid chess events and activities, and by providing complementary product offerings to players, spectators, and partners through its ecosystem, which is made up of the following pillars.

FIDE Gaming Platform

World Chess runs FIDE Chess Arena, the exclusive official gaming platform of FIDE and has the official rights to offer its players the official ratings and titles, recognised by FIDE.

Events and Competitions

The Company is experienced in organising events and competitions to promote the sport including the organisation of three World Chess Championship matches.

Recently, World Chess developed and launched the Armageddon Series, the chess league for prime-time television.