CFO, deputy-CEO lower stakes in Romania’s Banca Transilvania

Romanian lender Banca Transilvania (BT) [BSE:TLV] said that its chief financial officer (CFO) – George-Razvan Calinescu, and deputy chief executive offer (CEO) – Gabriela-Cristina Nistor, have both decreased their interest in the company, according to SeeNews.com.

George-Razvan Calinescu sold 150,000 shares in five transactions on the Bucharest bourse at an average price of 2.47 lei ($0.57/0.52 euro) per share, Banca Transilvania said in a bourse filing.

Gabriela-Cristina Nistor sold 600,000 shares in seven transactions, also priced at 2.47 lei per share.

Banca Transilvania has 5,215,917,925 outstanding shares.

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