23rd Aug 2013 10:00
LONDON (Alliance News) - SThree plc said Friday that Justin Hughes sold 74,177 shares on Thursday at 345.00 pence per share.
The shares were sold immediately after being awarded to Hughes under the recruitment firm's minority interests programme. SThree said programme allows employees to obtain an equity stake in the business for which they are responsible, with the opportunity to have the stake purchased back by the company in return for shares in SThree plc, after a minimum timeframe, normally five years.
Hughes is managing director of SThree's Asia Pacific division.
Following the sale, Hughes continues to hold 658,292 shares in SThree, 0.54% of the total.
SThree shares were quoted Friday morning at 347.75p, up 0.25p.
By Tom Waite; [email protected]; @thomaslwaite
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
STHR.L