1 Min Read
March 20 (Reuters) - BGEO Group Plc:
* BGEO group announces a sale of shares in Georgia Healthcare Group Plc
* Shares were sold at a price of gbp 3.60 (usd 4.45) per share - closing price per share on london stock exchange day before transaction
* Following sale, BGEO continues to hold 64.3 pct of GHG's issued share capital.
* Sale resulted in total gross proceeds of gel 9.2 million (us$3.7 million) to group
* As a result of sale, BGEO realized a gain of gel 6.1 million (us$2.4 million), which will be recorded through an increase in shareholders' equity in 1q2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)