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(Sharecast News) - Mitchells & Butlers revealed on Thursday that chief executive Phil Urban had disposed of 16,049 ordinary shares in the FTSE 250-listed pub landlord.
Urban, who sold the shares to cover tax liabilities, offloaded the shares on Wednesday at an average price of 241.50p each, for a total value of 38,758.33.
As of 1600 GMT, M&B shares were down 1.44% at 239.50p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Ocado Group (OCDO)
Director name: Daintith,Stephen
Amount purchased: 50 @ 295.70p
Value: 147.85
Ocado Group (OCDO)
Director name: Steiner,Tim
Amount purchased: 50 @ 295.70p
Value: 147.85
Top Director Sells
Mitchells & Butlers (MAB)
Director name: Urban,Phil
Amount sold: 16,049 @ 241.50p
Value: 38,758.33
Mitchells & Butlers (MAB)
Director name: Jones,Timothy (Tim) Charles
Amount sold: 13,429 @ 241.50p
Value: 32,431.03
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