24 Jun 2009

Rakon shares down

5:31 am on 24 June 2009

Shares in Rakon fell by 4.5% on Tuesday after director and shareholder, Peter Maire sold a portion of his holding.

Mr Maire, who has a 9% stake in the technology business, sold about 700,000 shares. He has more than 11 million shares.

He said the money will be used to fund other technology investments he's involved with.