12th Mar 2014 11:50
LONDON (Alliance News) - Xchanging PLC Wednesday said Chief Financial Officer David Bauernfeind exercised options over 95,000 shares under the executive share option plan and sold 67,228 shares at GBP1.65 each Monday.
Following this transaction, Bauernfeind now holds 339,482 shares.
The data processing company also said Executive Director David Cross exercised options over 102,002 shares and sold 71,890 shares, under various executive share option plans at the same price Monday and holds 68,423 shares total.
Shares were down 1.4% at 164.25 pence Wednesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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