13th Oct 2014 15:25
LONDON (Alliance News) - Lavendon Group PLC Monday said Chief Executive Don Kenny exercised options over a total of 169,743 shares under the company's long-term incentive plan.
He then sold 92,481 shares at an average price of 1.87 pence per share to settle his tax liability on the vesting of these awards, and transferred 77,262 shares to his wife, Jacqueline Kenny.
Following this transaction, Kenny and his connected parties have a beneficial interest in 205,814 shares.
Lavendon's shares were down 0.3% at 188.00 pence Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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