27th Nov 2013 17:35
LONDON (Alliance News) - Britvic PLC said its Chief Financial Officer John Gibney exercised options over 286,611 shares at a price of 245 pence per share and 119,135 shares at a price of 347 pence per share on Wednesday.
The company said that following the transaction, Gibney sold all of the 405,746 shares at a price per share of 638 pence, netting the executive a total gain before tax and expenses of GBP1.5 million.
Following the transaction, Gibney still holds 243,955 shares, or 0.1% of the company's shares.
Britvic shares closed on Wednesday up 2.6% at 640.0744 pence.
By Tom McIvor; [email protected]; @TomMcIvor1
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Britvic