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DIRECTOR DEALINGS: Bank of Georgia Director Sells Trust Shares

18th Nov 2013 13:33

LONDON (Alliance News) - Bank of Georgia Holdings PLC Monday said non-executive Director Ian Hague sold shares in the company on behalf of various trust funds last Thursday.

Details of the transaction are outlined below.

Fund Name

Number of BGH Shares Sold

Sale Price per BGH Share (£)

Firebird Republics Fund Ltd.

440,000

20.00

Firebird New Russia Fund Ltd.

185,000

20.00

Firebird Avrora Fund Ltd.

325,000

20.00

Firebird Fund LP

130,000

20.00


Following the sale of the shares by the four funds, the Firebird group has a total holding of 1.4 million shares, representing approximately 3.82% of the share capital of the company.

Shares in the Georgian financial services company were up 2.1% at 2,145.00 pence Monday afternoon.

By Arvind Bhunjun; [email protected]; @arvindbhunjun

Copyright © 2013 Alliance News Limited. All Rights Reserved.


Related Shares:

Bank Of Georgia Group
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