19th Feb 2019 11:30
LONDON (Alliance News) - Outgoing Upstream Director Andy Brown has sold a further GBP1.5 million in 'B' shares, oil major Royal Dutch Shell PLC said on Tuesday.
Last week, Shell had said Brown sold 10,000 'B' shares for a total of GBP243,000 on February 4, selling at GBP24.30 per share.
In a further deal on Friday last week, Brown sold 60,000 shares at GBP24.43 for a total of GBP1.5 million.
In mid-January, oil major Shell said Brown would be leaving the company at the end of September after 30 years. He is to be replaced as head of Upstream operations by Deepwater Executive Vice President Wael Sawan, who will step up on July 1.
Shell 'B' shares were 0.1% lower Tuesday at 2,421.50 pence, and 'A' shares down 0.3% at 2,408.50p.
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