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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Electrocomponents directors ditch shares awarded in bonus plan

Wed, 04th Jul 2012 16:31

The Chief Executive Officer (CEO) of FTSE 250 electronics and maintenance products distributor Electrocomponents has, alongside the group's Finance Director, sold off a number of shares awarded under the company's deferred bonus plan. CEO Ian Mason earned himself £100,554 after selling 48,460 at 207.50p each, while Finance Director Simon Boddie ditched 32,307 for 207.50p each, pocketing a total of £67,037.Under the plan Mason was awarded 93,005 shares and Boddie was given 62,003, all of which full vested on Monday. The company's shares are currently trading down 22%, equal to 61.30p, compared to a year ago, although they have risen 9.0%,, or 17.80p in the last month. At the end of May the company reported in its final results that the current financial year did not get off to a particularly good start, with the International business declining 2.0%, although the UK grew by 4.0%. Top Director BuysRubicon Diversified Investments (RUBI) Director name: Mr Richard BlakesleyAmount purchased: 688,000 @ 3.85p Value: £26,488The Real Good Food Company (RGD) Director name: Mr Chris ThomasAmount purchased: 40,000 @ 54.00p Value: £21,600Rubicon Diversified Investments (RUBI) Director name: Mr Edward WinterAmount purchased: 500,000 @ 3.85p Value: £19,250Top Director SellsElectrocomponents (ECM) Director name: Mr Ian MasonAmount sold: 48,460 @ 207.50p Value: £100,554Electrocomponents (ECM) Director name: Mr Simon BoddieAmount sold: 32,307 @ 207.50p Value: £67,037News Corp. 'A' Shares (NCRA) Director name: Mr John L ThorntonAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Stanley S. ShumanAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Lachlan MurdochAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Andrew S B KnightAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Sir Rod EddingtonAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Viet DinhAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Peter BarnesAmount sold: 1,233 @ $22.85 Value: $28,174News Corp. 'A' Shares (NCRA) Director name: Mr Jose Maria AznarAmount sold: 1,233 @ $22.85 Value: $28,174
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