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Director dealings: SEGRO chief executive lowers stake
David Sleath, chief executive officer of property investment and development company SEGRO, released 179,621 shares in the firm that had been awarded to him as part of the group's long-term incentive plan.
Sleath, SEGRO's CEO since 2006, disposed of the shares on Friday with a price tag of 641.84p attached to each one for a total value of £1.15m.
SEGRO reported a strong start to the year back in April, as its first-quarter results showed the firm had secured an unprecedented amount of new headline rent, jumping to £27.3m from the £16.3m reported the year before, a record level for a single quarter.
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