May 24, 2011 / 6:55 AM / 9 years ago

Czech broadcaster CME chief sells 50,000 shares

 PRAGUE, May 24 (Reuters) - Central European Media Enterprises’ (CME) (CETV.O) CETVsp.PR chief executive sold 50,000 shares valued at $1.1 million between May 19 and May 24, a filing showed.
 Adrian Sarbu sold the shares at a price of $22.29 per share. He still holds 2.552 million shares directly and indirectly, the filing late on Monday said.
 Sarbu has sold CME shares in similar blocks at other times since last year. [ID:nLDE7050RE]
 CME shares closed down 3 percent at $21.60 on the Nasdaq on Monday.  (Reporting by Jason Hovet; Editing by Hans Peters)       

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