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DIRECTOR DEALINGS: IAG execs sell GBP4 million in shares after results
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News:
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International Consolidated Airlines Group SA - London-based owner of British Airways, Aer Lingus and Iberia - Four executives sell shares after IAG releases its annual results on Friday last week. Lynne Embleton, chair & chief executive officer of Aer Lingus, sells 675,000 shares at GBP2.97, worth GBP2.0 million, on Friday. Chief Financial Officer Nicholas Cadbury sells 500,000 shares at GBP3.19, worth GBP1.6 million, on Wednesday this week. Adam Daniels, chair & CEO of IAG Loyalty, sells 210,000 shares, and Jorge Saco, chief information, procurement, services & innovation officer, sells 50,000 shares, both at GBP2.96, worth GBP769,600 in total, on Friday.
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FBD Holdings PLC - Dublin-based insurer - Chief Risk Officer Derek Hall sells 38,000 shares at EUR12.50, worth EUR475,000, on Wednesday.
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AO World PLC - Bolton, England-based online electrical goods retailer - Jolly Foundation, of which AO World Chief Executive Officer John Roberts is a trustee, sells 400,000 shares at 96.32 pence and 96.52p, worth GBP385,780, on Friday and Monday. Jolly retains 4.6 million shares. Roberts himself sold 1.0 million shares last month. He retains 95.0 million shares, a 16.4% stake.
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Haleon PLC - Surrey, England-based consumer healthcare products - Independent Non-Executive Director Marie-Anne Aymerich buys 21,300 shares at GBP4.05, worth GBP86,286, on Friday.
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Power Metal Resources PLC - metals exploration company with projects in North America, Africa, Saudi Arabia and Australia - CEO Sean Wade buys 503,800 shares at 12.64p, worth GBP63,690, and Non-Executive Director Edmund Shaw buys 200,000 shares at 12.49p, worth GBP24,980, both on Wednesday. Wade now has 1.4 million shares, a 1.3% stake, and Shaw has 950,000.
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By Tom Waite, Alliance News editor
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