18th Sep 2015 12:44
(Correcting share sale information in item published on Sept 1)
LONDON (Alliance News) - Land development and construction company Henry Boot PLC on Tuesday said Non-Executive Director James Sykes advised it that 100,000 non-beneficial shares in the business were sold on Friday.
Sykes said 100,000 shares were sold at 235.00 pence per shares. The non-beneficial shares are held in capacity as a registered joint shareholder with Rysaffe Nominees and with PJM Scott and with various members of the Reis family and as a trustee of various Reis family trusts.
The share sale took place as Henry Boot on Friday outlined major changes to its senior management team as it posted a rise in first half pretax profit and a hike to its interim dividend.
The company said Chairman John Brown will retire from the board at the end of this year, having completed nine years' service. At that time, Chief Executive Jamie Boot will retire and will replace Brown as non-executive chairman. He will then be replaced by John Sutcliffe, currently finance director, who will in turn by replaced by Darren Littlewood, who moves form group financial controller.
Henry Boot shares were down 1.8% to 235.75 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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