9th May 2014 15:01
LONDON (Alliance News) - Schroders PLC said Friday that Chief Executive Michael Dobson, Executive Vice Chairman Massimo Tosato and Chief Financial Officer Richard Keers acquired shares through the re-investment of a dividend at a price of 2,606.6245 pence each Wednesday.
Dobson and Tosato acquired 25 shares, and Keers one share under the company's share incentive plan.
Additionally, Dobson acquired rights to 3,499, Keers 584, and Tosato 3,980 normal shares in the company in lieu of dividends in its Equity Compensation Plan.
Head of Private Banking Philip Mallinckrodt acquired rights over 5,560 non-voting shares in lieu of dividends under the Equity Compensation Plan.
Shares in Schroders were trading down 0.8% at 2,599.00 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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