Brief: Ras Technology Confirms That Co's Founders Have Agreed To Sell Down A Combined 5 Mln Shares In Co
April 11 (Reuters) - Ras Technology Holdings Ltd
RTH.AX :
* CONFIRMS THAT CO'S FOUNDERS HAVE AGREED TO SELL DOWN A
COMBINED
5 MILLION SHARES IN CO (ADDS DROPPED WORD 'FOUNDERS')
* SALE WAS UNDERTAKEN AT A PRICE OF A$1.20 PER SHARE BY WAY
OF A
BLOCK TRADE
* FOLLOWING SALE OF STAKE, CO'S FOUNDERS WILL EACH RETAIN
21%
SHAREHOLDING IN CO
Further company coverage: RTH.AX
((Reuters.Briefs@thomsonreuters.com;))
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