Serghei Bulgac, the DG of Digi Communications, has sold 100,000 shares in the company.
Quoting data published by the Bucharest Stock Exchange, Ziarul Financiar reports that the shares cost RON30 (€6.33) each, placing their total market value at RON3 billion.
It adds that this was the biggest sale of shares in Digi Communications so far this year.
Digi Communications is a one of the leading providers of pay-TV and broadband services in Romania (RCS&RDS) and Hungary (Digi).