15th Apr 2014 11:15
LONDON (Alliance News) - Xchanging PLC Tuesday said Chief Financial Officer David Bauerfeind sold 90,000 shares at a price of 161.5 pence per share having acquired the shares under the company performance share plan. He subsequently purchased 50,000 shares at 162.6 pence each.
Following this transaction, Bauernfeind now holds 400,000 shares, which represents a 0.164% stake in the firm.
The company also said, Chief Executive Kenneth Lever acquired 398,931 shares under the performance share plan and sold 188,031 shares at 161.5 pence each and transferred the remaining 210,900 shares to his wife Denise Lever, and now holds 522,550 shares in total.
Shares in the data processing company were trading at 162.74 pence up 0.5% Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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