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.
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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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