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DIRECTOR DEALINGS: ARM Holdngs Executive Sells 12,000 Shares

31st Oct 2013 13:57

LONDON (Alliance News) - ARM Holdings PLC Thursday said Executive Vice President and General Manager of the Media Processing Division, Peter Hutton exercised options over 12,055 shares at a price of 81 pence per share under the company's SAYE Share Option Scheme.

He subsequently transferred 4,500 shares to a connected person and all 12,055 shares were sold Thursday at 987.5 pence each. His total resultant shareholding is nil shares.

Shares in the software designing company were down 0.96% at 984.50 pence Thursday midday.

By Arvind Bhunjun; [email protected]; @arvindbhunjun

Copyright 2013 Alliance News Limited. All Rights Reserved.


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ARM.L
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