Central European Media Enterprises Ltd (CETV) Files Form 4 Insider Selling : Daniel Penn Sells 10,925 Shares

Central European Media Enterprises Ltd (CETV): Daniel Penn , EVP, General Counsel of Central European Media Enterprises Ltd sold 10,925 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $2.27 per share for a total value of $24,750.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, Daniel Penn (EVP, General Counsel) sold 11,700 shares at $2.47 per share price.On Jun 18, 2015, Christoph Mainusch (co-Chief Executive Officer) sold 20,483 shares at $2.20 per share price.Also, On Jun 11, 2015, Parm Sandhu (director) purchased 43,906 shares at $2.30 per share price.On Mar 20, 2015, Nin Michael Del (co-Chief Executive Officer) sold 7,126 shares at $2.66 per share price.

Central European Media Enterprises Ltd. is a media and entertainment company. The Company manages its business in six operating segments: Bulgaria Croatia the Czech Republic Romania the Slovak Republic and Slovenia. It broadcasts around 33 television channels which include BTV CINEMA BTV COMEDY RING.BG NOVA WORLD and MINI TV ACASA PRO CINEMA SPORT.RO MTV ROMANIA PRO TV INTERNATIONAL PRO TV CHISINAU and BTV LADY among others. Its programs consist of news current affairs fiction and reality and entertainment shows as well as acquired foreign movies series and sports programming. Its entertainment television channels in each country are distributed on a free-to-air basis terrestrially in analog digital or both depending on the digitalization status in each country and are also distributed via cable and satellite. It offers viewers the choice of watching television content through a series of portals including through Voyo and catch-up services on its Websites.

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