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DIRECTOR DEALINGS: Wolseley Manager Exercises Options, Sells Shares

1st Nov 2013 16:47

LONDON (Alliance News) - Wolseley PLC Friday said its Managing Director for French operations, Philippe Gardies, exercised 8,254 shares under the terms of the Wolseley Share Option Plan 2003 at an exercise price of GBP31.50 per share on October 31.

The company said that Gardies sold all of the shares resulting from the exercise at a price of GBP33.45 per share, leaving him with a total holding of 1,318 shares or 0.0005% of the company's overall share capital.

Wolseley shares were down 1.7% to 3,304.00 pence Friday.

By Tom McIvor; [email protected]; @TomMcIvor1

Copyright © 2013 Alliance News Limited. All Rights Reserved.


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