Iona shares sold

Iona Technologies director, Mr Kevin Melia, has disclosed that his wife, Anne Marie and daughter, Careena, have sold 5,500 Iona…

Iona Technologies director, Mr Kevin Melia, has disclosed that his wife, Anne Marie and daughter, Careena, have sold 5,500 Iona shares for a total of £126,000. The 5,500 shares were sold on Nasdaq last week at $32 each and, after the sale, the Melias' holding in Iona is 107,000 shares worth £2.4 million at the current Iona share price.

In another disclosure, Ryan Hotels director, Mr John Ashdown, has indicated that 32,500 shares held in the name of his daughter Lucy were sold at prices between 75p and 77p sterling, realising just over £24,500 sterling.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective