Fund management chief raises more than £5m from share sale
ABERDEEN Asset Management chief executive Martin Gilbert has realised about £5.3 million by selling shares that were the subject of awards between 2011 and 2013.
The investment house announced to the stock market that Mr Gilbert had sold 1,631,343 shares at £3.25 each. It described the transaction as a “deferred share exercise and sale”, and said Mr Gilbert had sold awards made as part of the company’s variable pay awards in 2011, 2012 and 2013.
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