1 Dec 2015 15:21
CHARLES TAYLOR PLC - Director/PDMR ShareholdingCHARLES TAYLOR PLC - Director/PDMR Shareholding
PR Newswire
London, December 1
Charles Taylor plc (the Company)
Director’s Shareholding
Charles Taylor plc announces that it has been advised that David Marock, Group Chief Executive Officer of the Company, and his connected persons sold 50,000 Ordinary Shares in the Company on 27 November 2015 and sold a further 150,000 Ordinary Shares in the Company on 1 December 2015. The shares were sold at an average price of 268.5 pence per share. Following this announcement, David Marock and his connected persons hold 204,975 Ordinary Shares representing 0.31% of the total voting rights of the Company.
Background to the sale
David Marock sold shares on 27 October, 27 November and 1 December 2015 to fund the purchase of a property and associated renovation costs. He has no intention of selling further shares in the Company (save in instances to pay tax relating to the vesting of LTIP and other share awards) in the next 18 months.
For further information please contact:
Ivan Keane – Group Company Secretary and General Counsel – 020 3320 2206
David Lanchester – Deputy Group Company Secretary – 020 3320 8829
Charles Taylor plc
1 December 2015
Notes to Editors:
About Charles Taylor plc
Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,200 staff in 69 offices spread across 28 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa. The Group offers services, principally on a fee-based model and operates through three businesses – Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through select acquisitions and operational efficiency.Further information is available at http://www.ctplc.com/
Charles Taylor (CTR)