LONDON (Alliance News) - GlaxoSmithKline PLC on Monday said Global Vaccines President Roger Connor and a close associate sold shares on Thursday, the same day the company announced its 2018 results.
Connor sold 6,464 shares at 1,557 pence each for GBP100,645 while a close associate named as "Mrs D Connor" sold 23,205 shares at 1,554.29p each for GBP360,673. Roger Connor's beneficial interest following these transactions was not disclosed.
Pharma major Glaxo posted a pretax profit of GBP4.80 billion for 2018, up 36% from GBP3.53 billion in 2017. Revenue was GBP30.82 billion, rising from GBP30.19 billion in 2017.
Shares in Glaxo were down 1.3% at 1,545.00p each on Monday.