Melrose Industries PLC - Birmingham, England-based aerospace firm - Chief Executive Officer Simon Peckham sells 2.0 million shares at average 524.52 pence, worth GBP10.5 million, on Wednesday. Melrose says the sale was "a result of a change in Mr Peckham's personal circumstances". He still holds 2.0 million shares, a 0.2% interest, and "has no current intention to sell any further shares", the company says.
Current stock price: 524.20p
12-month change: up 15%
By Tom Waite, Alliance News editor
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Melrose (MRO)