1st Sep 2014 12:12
LONDON (Alliance News) - Brewer SABMiller PLC Monday said its incoming chairman, Jan du Plessis, bought 30,000 shares at a price of GBP33.125 per share, in a transaction worth GBP993,750 before expenses.
du Plessis joined the board on Monday, and the board intends to appoint him as chairman at the conclusion of the annual general meeting in July 2015, in succession to John Manser, who became chairman after the deal of Graham Mackay.
du Plessis also serves as chairman of miner Rio Tinto PLC.
The stock was down 0.4% at 3,310.50 pence Monday afternoon.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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