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DIRECTOR DEALINGS: First Property Executives Exercise Options, Sell Shares

13th Mar 2014 13:21

LONDON (Alliance News) - First Property Group PLC said its Chief Executive Ben Habib and Finance Director George Digby exercised options over 750,000 and 500,000 options respectively, granted under the company's share option scheme at an exercise price of 16.5 pence per share on Wednesday.

The company said that following the transactions, Habib sold all of his exercised shares at a price of 28.5 pence per share while Digby sold 380,000 of his shares at a price of 28.5 pence per share.

Habib's shareholding remains at 16.7 million shares while Digby's shareholding has increased to 270,000 shares.

First Property shares were up 0.5% to 30.39 pence Thursday.

By Tom McIvor; [email protected]; @TomMcIvor1

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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