27th Jan 2015 16:05
LONDON (Alliance News) - Home improvement company Kingfisher PLC said former Chief Executive Officer Ian Cheshire sold 16,000 shares at a price of 346.4 pence per share Tuesday.
The company said Ian Cheshire's wife, Kate Cheshire, sold 15,000 shares at the same price, making the combined transaction worth GBP107,384.
Ian Cheshire, who remains on the board as an executive director, stood down as CEO on December 8, 2014.
The stock was trading at 350.20p, up 1.1% Tuesday afternoon.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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