29th Jan 2015 11:45
LONDON (Alliance News) - WYG PLC Thursday said Chief Operating Officer Graham Olver transferred 64,322 shares to his wife, Louise Olver, at no cost on Wednesday.
Later Wednesday, Graham Olver sold 23,404 shares and Louise Olver sold the 64,322 shares, both at a price of 110 pence each.
Following these transactions Louise Olver has no holding in the company whilst Graham Olver continues to be interested in 1.9 million options granted to him previously under the Company's Transformation Incentive Plan.
In a statement on Monday, the environmental consultancy group said it will look at strategic options including a strategic partnership, a merger or acquisition, selling a stake in the business to a new investor, selling the company, taking out a new or extended bank facility, or continuing to invest in expanding the business organically and through partnerships and bolt-on acquisitions.
Shares were up 0.9% at 116.50p Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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