IN BRIEF: Malibu Life director buys 40,000 shares worth $720,000

Malibu Life Holdings Ltd - Cayman Islands-based life and annuity reinsurance investor via Third Point Offshore Fund Ltd - Non-Executive Director Liad Meidar buys 40,000 shares via Gatemore Special Opportunities Master Fund Ltd at $17.97 and $18.00, worth $719,650, on Wednesday and Thursday last week and Monday this week.

Current stock price: $17.75

12-month change: down 30%

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