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Aberdeen's Asia director sells shares worth £4.5m

THE director who heads Aberdeen Asset Management's successful Asian investment operations has sold shares worth £4.5 million in the business.

The Scottish fund management giant said Hugh Young sold 1,316,967 shares at 339p each.

The shares were awarded to Mr Young under the company's bonus schemes for 2009, 2010 and 2011.

Mr Young was granted further shares worth £3m in total on Monday as part of the 2012 bonus programme.

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