1st Oct 2013 14:35
LONDON (Alliance News) - Bank of Georgia Holdings PLC Tuesday said that Ian Hague, a Director of the company and Managing Director of Firebird Republics Fund Ltd and Firebird Avrora Fund Ltd, sold shares in two separate transactions, on behalf of the two Firebird funds.
He sold 10,000 shares at a price of GBP19.38 per share on September 25.
On September 26, he sold 1,932 shares at a price of GBP19.29 per share.
Following the sale of Bank of Georgia Holdings shares by the two funds, the Firebird group of funds continues to hold 2,453,066 shares in the company, representing approximately a 6.83% stake.
Bank of Georgia Holdings shares were trading down 0.4% at 1,925.00 per share Tuesday afternoon.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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