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DIRECTOR DEALINGS: Costain Senior Executives Exercise Options, Sell Shares

17th Apr 2014 11:11

LONDON (Alliance News) - Costain Group PLC Thursday said Chief Executive Andrew Wyllie and Finance Director Anthony Bickerstaff exercised options and sold shares in the construction company.

Shares were acquired and sold under the long term incentive plan Wednesday, details are outlined below.

Name of Director

Total number of share options exercised

Exercise price

 

Number of shares sold to satisfy Tax and National Insurance Liabilities

Number of Shares sold (after tax)

Number of Shares Retained (after tax)

Price at which shares were sold

Andrew Wyllie

 

90,976

£1.00

42,759

6,194      

42,023

265.55p

 

Anthony Bickerstaff

 

60,271

£1.00

28,328

nil

31,943

265.55p


Shares were acquired and sold under the deferred share bonus plan Wednesday, details are outlined below.

Name of Director

Total number of shares acquired on exercise of the Deferred Award (including dividend shares)

Number of shares sold to satisfy Tax and National Insurance Liabilities

Number of Shares Sold (after tax)

Number of

shares Retained

(after tax)

Price at which shares were sold

Andrew Wyllie

89,259

 

41,952

 

47,307

 

nil

 

265.55p

 

Anthony Bickerstaff

59,134

27,793

31,341

 

nil

265.55p


Costain shares were trading at 268.00 pence up 0.4% Thursday midday.


By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright © 2014 Alliance News Limited. All Rights Reserved.


Related Shares:

Costain
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