A2 Corp’s Babidge, Mair take advantage of soaring price to sell 6M shares

Wed, 04 Sep 2013

Sept. 4 (BusinessDesk) – A2 Corp managing director Geoffrey Babidge and director David Mair have taken of a 38 percent surge in the share price of the dairy marketing company to trim their holdings. Babidge’s GHB Investment Trust sold 4 million shares, leaving it with 6 million, the Sydney-based company said in a statement. Mair’s DM2 Investment Trust sold 2 million shares, leaving it with 5 million. Combined the sales amounted to 0.9 percent of shares on issue. Babidge was issued with 10 million partly paid shares at an issue price of 10 ce...

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