4th Sep 2013 16:54
LONDON (Alliance News) - Bank of Georgia Holdings PLC Wednesday said one of its directors, who also serves as Managing Director of Firebird Republics Fund Ltd and Firebird Avrora Fund Ltd, sold shares on behalf of both funds of which he is managing director.
Firebird Republics Fund sold 1,075 shares in the company at a share price of GBP17.80 per share on August 30.
Firebird Republics Fund Ltd. and Firebird Avrora Fund Ltd each sold 9,650 shares at a share price of GBP17.54 on 2 September 2013
Following the sale of BGH Shares by Firebird Republics Fund and Firebird Avrora Fund, the Firebird group of funds continues to hold 2,549,998 Bank of Georgia shares, representing approximately 7.1% of the share capital of the company.
Bank of Georgia shares Wednesday closed at 1,749 pence per share, down 3 pence, or 0.17%.
By Samuel Agini; [email protected]; @samuelagini
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Related Shares:
Bank Of Georgia Group