20th Jun 2014 15:22
LONDON (Alliance News) - SABMiller PLC said Friday that Domenic De Lorenzo, director of corporate finance and development, had bought 2,470 shares at 3,311 pence each Thursday.
On June 3, De Lorenzo received 5,254 shares following the vesting of a performance share award, and subsequently sold 2,470 shares at 3,311 pence to cover income tax and national insurance.
De Lorenzo had originally intended to keep all of the shares from the vesting of the award, and fund the income tax and insurance contributions from personal funds. At De Lorenzo's request, he paid a full refund of the sale proceeds and bought an equal number of shares back at the same price.
Shares in SABMiller were trading up 0.3% at 3,405.00 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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