4th Mar 2016 13:08
LONDON (Alliance News) - Merlin Entertainments PLC on Friday said Chief Financial Officer Andrew Carr sold around GBP3.4 million worth of shares ahead of his impending retirement.
Carr sold 750,000 shares at 456.34 pence each on Thursday, reducing his holding to 2.1 million shares or a 0.206% stake.
Last month, Merlin said Carr will retire in 2016 having been CFO since 1999 and will remain in the post until a successor is appointed.
Shares in the theme park operator were up 0.7% at 454.40p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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