17th Apr 2014 09:03
LONDON (Alliance News) - Lookers PLC said Thursday that Chief Executive Andrew Bruce and Finance Director Robin Gregson acquired 140,000 shares each on Wednesday.
The shares were acquired as a result of the exercise of share options under the rules of the employee share option scheme. As all financial performance conditions that determined the price payable for each share were exceeded, the shares were issued at nil cost, said the company.
Bruce now holds 642,086 shares representing 0.17% of the existing issued share capital of the company, while Gregson is a holder of 357,815 shares, representing 0.09%.
Lookers shares were trading flat at 144.05 pence Thursday morning.
By Henry Quintana
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