World Chess PLC (LON:CHSS) Insider Sells £96,000 in Stock

Posted by Lauren Steadman on Jun 23rd, 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 shares were sold at an average price of GBX 3 ($0.04), for a total transaction of £96,000 ($128,876.36).

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

On Wednesday, June 18th, Ilya Merenzon sold 2,300,000 shares of World Chess stock. The shares were sold at an average price of GBX 3 ($0.04), for a total transaction of £69,000 ($92,629.88).
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 transaction of £66,000 ($88,602.50).
On Tuesday, June 17th, Ilya Merenzon sold 4,740,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total transaction of £142,200 ($190,898.11).
On Wednesday, June 4th, Ilya Merenzon sold 2,500,000 shares of World Chess stock. The stock was sold at an average price of GBX 3 ($0.04), for a total transaction of £75,000 ($100,684.66).
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 transaction of £104,000 ($139,616.06).
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 ($96,657.27).
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 ($201,369.31).
On Tuesday, May 13th, Ilya Merenzon purchased 20,000,000 shares of World Chess stock. The shares were bought at an average price of GBX 3 ($0.04) per share, for a total transaction of £600,000 ($805,477.25).

World Chess Stock Down 16.7%

CHSS stock traded down GBX 0.50 ($0.01) during midday trading on Monday, hitting GBX 2.50 ($0.03). 4,372,021 shares of the company traded hands, compared to its average volume of 1,069,072. World Chess PLC has a twelve month low of GBX 2.50 ($0.03) and a twelve month high of GBX 18 ($0.24). The business has a 50 day simple moving average of GBX 3.29 and a 200-day simple moving average of GBX 3.88. The stock has a market capitalization of £20.75 million and a price-to-earnings ratio of -4.91.

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.