4th Apr 2014 11:18
LONDON (Alliance News) - Online domestic appliance retailer AO World PLC Friday said that Chief Executive John Roberts and Chief Financial Officer Stephen Caunce, both gifted shares for nil consideration to a charitable trust on Thursday.
Roberts gifted 312,745 shares, and now holds a total of 111.2 million shares, representing a 26.41% stake in the company.
Caunce gifted 218,922 shares, and now holds a 12.56% shareholding in the company with a total of 52.9 million shares.
AO World shares were trading 2.1% lower at 315.00 pence per share Friday early afternoon.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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