31st Dec 2015 07:57
LONDON (Alliance News) - Russian property investor Raven Russia Ltd on Thursday said Executive Deputy Chairman Anton Bilton sold preference shares in the company on Wednesday.
Bilton sold 2.0 million preference shares in Raven Russia at 120.00 pence per share, giving the transaction a total value of GBP2.4 million. The company's ordinary shares closed Wednesday at 40.50p apiece.
The sale means Bilton and his immediate family have a total beneficial holding of 5.8 million shares, or a 5.9% stake in the business.
By Sam Unsted; [email protected]; @SamUAtAlliance
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