Iona Technologies director Mr Sean Baker, who sold £2.3 million (€2.9 million) worth of Iona shares last week, has continued to sell and has informed the stock exchange that he sold another £787,000 worth last Friday. Mr Baker sold 19,000 shares at $51 each (€52). He retains 1.57 million Iona shares which are currently worth more than $86 million.