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Payday for Standard Chartered bosses
LONDON (ShareCast) - (ShareCast News) - Standard Chartered (HKSE: 2888.HK - news) 's top brass had a massive payday on Wednesday. Chief executive Bill Winters, executive director Mike Rees and finance director Andy Halford all took home their allocation of fixed pay allowance delivered in shares, which are being spread over a five year period.
On top of that, Winter received an extra £6.5m worth of shares as compensation for the value of share interests in his previous firm which he forfeited when he joined the company in May.
Chairman Sir John Peace was also given just under 20,000 shares as part of his base fee.
Two members of Rotala (LSE: ROL.L - news) 's board have also cashed up.
Chairman John Gunn and Geoffrey Flight have sold a small slice of their shares, making £80,400 and £67,000 respectively.
It (Other OTC: ITGL - news) was the second lot of shares that Gunn had sold in the past seven days.
Top Director Buys Standard Chartered (STAN) Director name: Mr Bill Winters Amount purchased: 899,031 @ 723.00p Value: £6,499,994 Standard Chartered (STAN) Director name: Mr Bill Winters Amount purchased: 59,035 @ 693.00p Value: £409,113 Standard Chartered (STAN) Director name: Mr Mike Rees Amount purchased: 24,993 @ 693.00p Value: £173,201 Standard Chartered (STAN) Director name: Mr John Peace Amount purchased: 19,841 @ 693.00p Value: £137,498 Standard Chartered (STAN) Director name: Mr Andrew Nigel (Andy) Halford Amount purchased: 17,495 @ 693.00p Value: £121,240 Capital Gearing Trust (CGT) Director name: Mr Alastair Laing Amount purchased: 1,268 @ 3,255.50p Value: £41,280 LXB Retail Properties (LSE: LXB.L - news) (LXB) Director name: Mr John Alastair Irvine Amount purchased: 41,050 @ 85.00p Value: £34,892 Capital Gearing Trust (CGT) Director name: Mr Alastair Laing Amount purchased: 841 @ 3,250.25p Value: £27,335 Frontier Developments (LSE: FDEV.L - news) (FDEV) Director name: Mr David Ranken Gammon Amount purchased: 10,000 @ 200.00p Value: £20,000 Frontier Developments (FDEV) Director name: Mr David Ranken Gammon Amount purchased: 10,000 @ 200.00p Value: £20,000 Top Director Sells Rotala (ROL) Director name: Mr John Gunn Amount sold: 120,000 @ 67.00p Value: £80,400 Rotala (ROL) Director name: Mr Frank Geoffrey Flight Amount sold: 100,000 @ 67.00p Value: £67,000
