5th Sep 2013 16:49
LONDON (Alliance News) - Meggitt PLC said Thursday that shares were released to division chiefs Peter Huber and Jim Simpkins which had been granted to them April 21 2011 as part of an equity participation plan.
Huber sold 25,700 shares at 525.11 pence, and kept 38,385. His subsequent interest in the company is 0.03%. Simpkins sold 64,887 shares at the same price and his subsequent interest is 0.02%.
In addition, division heads David Johnson and Ian Joesbury and Executive Director Philip Green exercised stock-settled SARS under an executive share option scheme and subsequently sold them Thursday as follows:
Joesbury sold a total of 129,742 shares at 529.88 pence. Johnson sold a total of 131,448 shares at the same price. Green sold a total of 190,047 at the same price.
Meggit designs and manufactures components for the aerospace and defence markets amongst others. Its shares were trading up 1.2% at 5330.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2013 Alliance News Limited. All Rights Reserved.
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