6th Oct 2014 14:01
LONDON (Alliance News) - K3 Business Technology Group PLC Monday said Chief Executive Officer David Bolton has exercised options to subscribe for 50,000 new shares at an exercise price of 94.0 pence per share under the company share plan.
Bolton has subsequently issued an instruction to sell 45,000 shares, predominantly to cover the exercise costs incurred and tax liabilities arising.
Following this transaction, Bolton holds 1 million shares, which represents a 3.23% stake in the firm.
K3 Business Technology shares were down 0.6% at 226.00 pence Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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