Treasury has sold off half of its shares in Pinewood plc for a 50 per cent profit.
Net profit for the sale stands at approximately £2.5 million - which will be transferred into public funds for the Island.
The move was announced on the stock exchange this morning.
It means a total return of £7.6 million, with government now holding around five per cent of shares in the company - valued at around £10.7 million.
Its management of the Island's Media Development Fund won't be affected by the deal.
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