Xstrata chief executive Mick Davis has sold 1m shares in the mining giant. Davis acquired these shares by exercising options - 877,955 shares at 217.32p a share and 122,045 at 239.11p a share. The total cost of these shares was £2.2m and they were sold for a profit of nearly £8m.
Davis retains 1.38m shares in Xstrata, equivalent to 0.05% of the company. He acquired 891,396 shares in the company's rights issue earlier this year. These shares were acquired for 210p each.
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Top Director Buys
Value: £63,522
Value: £34,730
Value: £18,500
Value: £15,855
Value: £13,480
Value: £11,922
Value: £11,325
Top Director Sells
Value: £10,190,000
Value: £1,190,000
Value: £1,190,000
Value: £993,319
Value: £897,828
Value: £317,611
Value: £287,082
Value: £70,858
Value: £34,514
Value: £15,600
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