4th Mar 2016 11:46
LONDON (Alliance News) - Virgin Money Holdings PLC Friday said Chief Banking Officer Richard Hemsley sold 49,434 shares at a price of GBP3.8079 per share on Thursday.
The deal was worth about GBP152,000 gross. His remaining shareholding was undisclosed.
The lender on Wednesday said its pretax profit surged in 2015 as it performed ahead of the wider market for mortgages, savings and credit card growth.
In it first set of full-year results since floating in late 2014, the FTSE 250 company said its pretax profit for the year to the end of December increased to GBP138.0 million from GBP34.0 million a year earlier, helped by higher income and one-off costs it booked the year prior on its listing in London and the acquisition of mortgage lender Northern Rock.
The stock was up 0.3% at 379.00p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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