LONDON (Alliance News) - Serabi Gold PLC Wednesday said Non-Executive Director Daniel Kunz sold 5.1 million shares in the company at a price of 5.75 pence per share on Tuesday.
The gold mining company said Kunz sold the shares to Fratelli Investments Ltd, which now holds 343.6 million shares, or 52.35% of the company.
Kunz now holds 468,642 shares in Serabi Gold.
Serabi Gold shares were down 4.1% to 5.75 pence on Wednesday.
By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1
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Serabi (SRB)