25th Jul 2014 09:00
LONDON (Alliance News) - AIM-quoted diamond company Firestone Diamonds PLC Friday said 302,690 shares were transferred to Chairman Lucio Genovese at no cost following the winding up of Audley Natural Resources Master Fund, which held 1.6 million shares on June 19.
As a result of the transfer, which was in part settlement of his interest in the Audley fund, Genovese is now interested in 1.8 million shares representing 0.6% of the company's issued share capital.
Shares were down 0.3% at 37.90 pence Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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