Ann: Change of Director's Interest Notice - K Wallace, page-9

Nah mate I don't believe such a rule exists. Things can happen at any time from left field which can result in companies announcing price sensitive news.

Clearly Keaton sought and received pre-clearance from the board prior to executing the trade.

The last time a ZIP director bought shares on market was Bert Mondello who bought some on 13 Jan this year. 5 days later - and only 3 trading days later the company put out a price sensitive announcement highlighting 6m installs of the app, and 2 days later they put out an announcement regarding version 2.0 being ready.

So no I don't believe we can say that Keaton Wallace buying shares means no announcements in the coming weeks.

I believe we can say that Keaton, who already is a major shareholder, founder, and director of Ziptel sees the share price as so low and the prospects so high so as to put even more of his personal assets into this company.