G4S's Gibson secures nearly £500,000

Grahame Gibson, chief operating officer of security group G4S, has sold 180,000 shares at 265.81p each for £478,458.

Gibson has been involved in the security industry for 27 years, having joined the group's UK operating company in 1983 as the finance director.

Since then, he has held a number of operational, management and board positions in the UK, US, Denmark, the Netherlands and Austria.

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Gibson joined the board in April 2005 and is the divisional president of secure solutions.

He is currently a board member of the Ligue Internationale des Socits de Surveillance, an association of private security organisations throughout the world.

Group turnover for the first half of 2010 was up 4% at constant exchange rates to £3.6bn from £3.5bn previously. Pre-tax profit was up 3% to £238.1m. Sales and underlying profits were slightly ahead of market expectations, despite the trading environment remaining challenging.

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