16th Feb 2015 15:58
LONDON (Alliance News) - Hammerson PLC said Jean-Philippe Mouton, a director, sold 27,831 shares at a price of 683 pence per share Monday.
Following this transaction, Mouton holds 221,936 shares.
Earlier Monday, Hammerson reported a jump in pretax profit for 2014, boosted by gains made on the valuation of its property portfolio, as its net rental income also ticked higher over the year. The FTSE 100-listed property developer said its pretax profit for the year to the end of December was GBP703.1 million, more than double the GBP341.2 million posted a year earlier.
The stock was trading at 685.00p, down 0.9% Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Hammerson