Treichl Sells Erste Shares for Half a Million Euros

Businessn.a. ♦ Published: August 21, 2013; 14:34 ♦ (Vindobona)

Because of “private liquidity reasons“, CEO of Erste has sold 20,000 shares via the stock exchange. His deputy Hochstrasser sold 10,000 shares.

Treichl Sells Erste Shares for Half a Million Euros / Picture: © Vindobona.org

Last week, head of Erste Group Andreas Treichl sold 20,000 Erste shares for € 25.54 each via the stock exchange, which runs up to a total of almost € 510,800 the banker will be transferred to his bank account. According to a bank spokeswoman, “private liquidity” is the reason for this step. Treichl hols a total of 164,640 Erste shares, worth almost € 4.1m at the…