The fund sold 8.6% of Teraplast on November 12 for RON57 million. The sale price was RON0.38/share, 11% lower than the market trading price at the time.
TeraPlast SA informed investors in a market note of the transactions with the issuers shares made on November 17 by individuals discharging managerial responsibilities and/or individuals which are closely associated with such persons.
The person in question is Lefter Razvan Radu, Teraplast boar member and the representative of KJK Capital Romania as investment consultant.
According to the latest market data, the main shareholder of Teraplast is Dorel Goia, with 46.8%, followed by NN Pensii with 10.9%.