The Chief Executive Officer (CEO) of FTSE 250 electronics and maintenance products distributor Electrocomponents has, alongside the group's Finance Director, sold off a number of shares awarded under the company's deferred bonus plan.
CEO Ian Mason earned himself £100,554 after selling 48,460 at 207.50p each, while Finance Director Simon Boddie ditched 32,307 for 207.50p each, pocketing a total of £67,037.
Under the plan Mason was awarded 93,005 shares and Boddie was given 62,003, all of which full vested on Monday.
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The company's shares are currently trading down 22%, equal to 61.30p, compared to a year ago, although they have risen 9.0%,, or 17.80p in the last month.
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At the end of May the company reported in its final results that the current financial year did not get off to a particularly good start, with the International business declining 2.0%, although the UK grew by 4.0%.
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