9th Apr 2014 14:49
LONDON (Alliance News) - Catlin Group Ltd Wednesday said Chief Executive Stephen Catlin exercised nil-cost options over 168,469 shares, giving him a 1.68% stake in the insurer.
The CEO owns just shy of 6.1 million shares in Catlin.
As a result of exercising the performance share plan options, Catlin will receive an additional 55,414 shares, representing dividend equivalents on April 14. His total holding at that date will be just over 6.1 million shares.
By Samuel Agini; [email protected]; @samuelagini
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