Grid finance chief sells again
A round-up of the biggest director deals today so far.
Gas and electricity network operator National Grid has sailed through the turbulence of the past year relatively unscathed.
The share price now is still lower than this time in 2008, but has bounced strongly since April and finance director Steve Lucas is taking advantage to sell his second chunk of shares in little over a month.
Today he sold 41,000 shares at 608p, to net £249,000, to follow the sale of 36,000 shares at 578p in August.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
After today's disposal he owns just over the rights to 846,000 shares, comprised of options over 756,271 shares and 90,474 held beneficially.
Value: £268,203
Value: £145,275
Value: £54,920
Value: £29,280
Value: £30,600
Value: £30,285
Value: £10,500
Value: € 2,337,523
Value: £341,000
Value: $319,200
Value: $319,200
Value: $319,200
Value: $319,200
Value: £249,280
Value: £97,800
Value: £71,652
Value: £46,606
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Will bond vigilantes come for Donald Trump?
Bond vigilantes could make a comeback if Donald Trump follows through on some of his promised policies
By Simon Wilson Published
-
Is Donald Trump's re-election a wake-up call for Europe?
Donald Trump will turbocharge the US economy – and expose Europe's weakness
By Matthew Lynn Published