Option gain for Xstrata's Davis

A round-up of the biggest director deals today so far.

Xstrata chief executive Mick Davis has raised £7.76m from selling shares in the Switzerland-based mining giant. The shares came from exercising options and Davis made a profit of £5.9m on their disposal.

This gain comes less than one month after he made a near-£8m gain on the sale of another set of options. That takes his total profit to just short of £14m.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.