DigiPlus Interactive Corp. (stock symbol: PLUS), the company behind popular gaming platforms like BingoPlus and ArenaPlus, announced that its Chairman, Eusebio Tanco, has purchased more shares of the company. This move signals his strong confidence in where the business is headed.
According to a disclosure filed with the Securities and Exchange Commission (SEC) on February 27, 2026, Mr. Tanco bought an additional 63,119,000 shares of DigiPlus. To put that in simpler terms, he now owns 1.4% more of the entire company. Imagine a pizza cut into 100 slices – Mr. Tanco just bought 1.4 more slices of the DigiPlus pizza.
What Does This Mean?
When a company’s chairman – the person who leads the board of directors – buys more shares of his own company, it’s usually seen as a positive sign. It shows that he believes the company will do well in the future and that the stock price will likely go up. After all, why would someone spend their own money buying shares if they didn’t think they were making a good investment?
In the disclosure, Mr. Tanco explained that his purchase reflects his “strong conviction” in DigiPlus’ growth strategy. The company is focused on expanding its digital entertainment platforms that are specifically designed for Filipino users.
About DigiPlus Interactive Corp.
DigiPlus is a Philippine company that pioneered digital entertainment in the country. Think of it as a business that creates online games and entertainment platforms where people can play and have fun. Their most popular platforms include BingoPlus (an online bingo game), ArenaPlus (focused on sports entertainment), and GameZone (offering various gaming experiences).
The company is listed on the Philippine Stock Exchange under the ticker symbol PLUS. As of the disclosure date, DigiPlus has a total of 4,524,773,478 shares outstanding – that’s the total number of shares that exist for the entire company.
What is DigiPlus Doing to Grow?
According to the announcement, DigiPlus is investing heavily in several areas to strengthen its business:
- Research and Development: The company is creating its own unique games and features rather than just copying what others do
- Technology: DigiPlus is using cutting-edge or advanced technology to make its platforms better and faster
- User Experience: They’re working to make sure people who use their platforms have the best possible experience
- Responsible Gaming: The company is putting in place systems to protect players and promote responsible gaming habits
Mr. Tanco stated in the disclosure: “DigiPlus is entering an exciting phase of growth. We have built market-leading platforms anchored on responsible innovation, disciplined execution, and long-term growth. I firmly believe in our ability to capture the significant opportunities ahead and deliver enduring value to our shareholders.”
He added that he believes the digital entertainment industry in the Philippines remains strong, and that DigiPlus is well-positioned to be a leader in this space.
Understanding Insider Buying
When executives or board members of a company buy shares of their own company, this is called “insider buying.” It’s different from regular investors buying shares because these insiders have a deeper knowledge of how the company is actually performing. They see the numbers, attend the meetings, and know the plans for the future.
While insider buying doesn’t guarantee that a stock will go up, it’s often viewed as a positive signal by investors because it shows that the people running the company believe in its future prospects enough to invest their own money.
The disclosure was filed through SEC Form 17-C, which is a required report that publicly-listed companies in the Philippines must submit when material events occur that could affect investor decisions.
