12th Nov 2015 11:32
LONDON (Alliance News) - Newsagent and book retailer WH Smith PLC on Thursday said three of its directors sold 490,349 shares in the company in total, after the exercise of share options. The sales were worth GBP8.1 million before expenses.
Chief Executive Stephen Clarke sold one lot of 100,371 shares and another of 65,241 shares, all at 1,657.72 pence per share. That leaves him with 290,064 shares, or a 0.25% stake.
Robert Moorhead, WH Smith's chief financial officer and chief operating officer, made three separate sales, all at the same price as Clarke. He sold the shares in lots of 101,327, 65,863 and 100,000. He now owns 302,676 shares in the company, or a 0.26% stake.
Non-Executive Director Ian Houghton sold one lot of 26,766 shares and another of 30,781, at the same price as the other two directors. He now owns 84,986 shares in WH Smith, or a 0.07% stake.
Shares in WH Smith were down 0.2% to 1,656.00p on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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