Miles Roberts, the chief executive of own-label household goods maker McBride, has pocketed nearly £450,000 from the sale of most of his shares in the company.
He offloaded 195,000 shares at 230p a time, leaving him with just 10,473. He still has interests in 445,998 LTIPs (long term incentive plan shares).
McBride makes everyday products for supermarkets such as Asda 'All-in-1' dishwasher tablets and Tesco men's shaving gel.
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It has benefited from the tendency among consumers to buy non-branded products in the wake of the global financial crisis.
Roberts assumed his position at McBride in July 2005 having originally joined the Company as Group Finance Director in January 2002.
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