19th Aug 2014 16:26
LONDON (Alliance News) - International Personal Finance PLC said Tuesday that Chief Commercial Officer David Broadbent exercised 7,208 options at 208.1 pence each, and subsequently sold 2,911 shares at 517.5 pence per share to cover the option cost, last Friday.
Broadbent transferred the remaining 4,297 shares to his wife.
Broadbent also exercised 58,368 options at the same option price and subsequently sold 27,516 shares at the same sale price to cover tax and national insurance liability.
Following the transactions Broadbent holds a less than 1% interest in the consumer lender.
Shares in International Personal Finance closed down 0.7% at 511.50 pence Tuesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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