15th Jan 2016 10:11
LONDON (Alliance News) - Henry Boot PLC on Friday said Chief Executive Officer John Sutcliffe sold 5,000 shares to his adult daughter, Isabelle Rose Sutcliffe, at a sale price of 215.25 pence per share on Thursday.
Following this transaction, Sutcliffe has a total beneficial interest of 505,445 shares representing 0.383% of the issued share capital.
Henry Boot also on Friday said its pretax profit for 2015 will be slightly ahead of market expectations following a busy end to the year on the deal front.
The group said it sold four strategic land site and four completed development properties towards the end of the year, pushing up its underlying profit to be ahead of market expectations.
Shares in the land and property investor were up 4.2% at 227.25p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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