C&W chairman buys as others sell

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

Reports of big share sales by two Cable & Wireless directors sent its share price sliding after results today, though chairman Richard Lapthone added to his holdings in the global telecoms group.

The two sales are said to be of shares awarded under C&W's performance related share scheme, the reports today indicated, though the company released no formal announcement.

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