Davit Kezerashvili no longer holds shares in opposition-leaning Formula TV, as the former sponsor of the channel has officially transferred his remaining 26% stake to its co-founders Mikheil Mshvildadze and Zurab Gumbaridze. The shares of Formula TV are now distributed as follows: Mikheil Mshvildadze – 38.25%; Zurab Gumbaridze – 32.25%; Freedom Formula – 25%; Irakli
Tuesday 14 October 2025
civil.ge/en - 7 month ago
Kezerashvili Hands Over Remaining Shares in Formula TV
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