Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.

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Voltalia Ord Shs > Insider Sale

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Comment by ALLEN4on May 18, 2010 9:04am

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Post# 17108531

RE: RE: Insider Sale

The value of Randgold's shares had appreciated approximately 1000 per cent since acquisition date and they held 20 per cent of the outstanding shares of Volta, and the stock is not so liquid that they can exit their position whenever they want. I think one can hardly blame them for disposing of one quarter of their shares, its probably just prudent money management and nothing more. I would not read too much into it.

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