10th Mar 2014 15:36
LONDON (Alliance News) - Pace PLC Monday said that Chief Executive Officer Michael Pulli and Timothy O'Loughlin, the president of Pace's Americas division, both exercised share options, and sold a portion of them to cover tax liabilities.
Pulli and O'Loughlin acquired the following shares:
| Michael Pulli | 182,098 | Ordinary shares |
| Timothy O'Loughlin | 56,487 | Ordinary shares |
They both then sold a portion of the shares at a price of 432.60 pence each on March 4:
| Michael Pulli | 59,575 |
| Timothy O'Loughlin | 18,480 |
The two directors now hold the following shares in the company:
| Michael Pulli | Beneficial holding | 653,902 | 0.2082% |
| Under Option | 3,309,189 | 1.0537% | |
| Timothy O'Loughlin | Beneficial holding | 95,119 | 0.0303% |
| Under Option | 733,532 | 0.2336% |
Shares in Pace were tradinng 2.9% higher Monda yafternoon, at 457.80 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
PIC.L