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Astarta’s free float increases to 37% following management stake sale

Astarta’s free float increases to 37% following management stake sale

11 March 2011

Valery Korotkov, the head of Astarta’s (WSE: AST PW) supervisory board, sold 1.5 mln shares to the market, according to a statement released by the Warsaw Stock Exchange yesterday.  According to our estimates, Astarta’s free float increases 6 pp from 31.02% to 37.02% following the sale.

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