THE CHIEF financial officer of FTSE 100 car insurer Admiral has sold off a number of shares awarded through the company's senior executive restricted share plan.
Kevin Chidwick sold off 34,207 shares at £11.79 each, netting him £403,301. He retained 10,802 shares awarded under the scheme.
In March, Admiral paid a special dividend after pre-tax profits increased 13% to £299m in 2011 with net revenue up 36% at £870.3m.
The special dividend payment was 38.8p.
Sign up for Financial Director email alerts
Please enter your email below to receive your profile link
Search by job title, salary, or location - we only list senior financial roles
1830, 12 Mar 2013
Now in their second year, these prestigious awards recognise those in finance that have demonstrated success and innovation over the last 12 months. Entries are now open!
3pm, 28 Nov 2013
Join Financial Director for this informative web-seminar on how to use communication technology as a way to improve productivity, profits and reduce costs
Send to a friend