Director dealings: AO World CFO sells shares

AO World revealed on Tuesday that chief financial officer Mark Higgins had disposed of 146,411 ordinary shares in the FTSE 250-listed retailer.

Higgins, who exercised nil cost options over a total of 309,537 ordinary shares on Monday, sold the shares at an average price of 195.0p each, for a total value of £285,501.46 in order to cover tax and nation insurance obligations.

The CFO now holds a total of 85,336 ordinary shares in the company, representing 0.02% of its current issued share capital.

As of 1640 BST, AO shares were up 1.13% at 197.0p.

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Top Director Sells

Ao World (AO.)
Director name: Higgins,Mark
Amount sold: 146,411 @ 195.00p
Value: £285,501.46

Zotefoams (ZTF)
Director name: Stirling,David
Amount sold: 55,000 @ 404.00p
Value: £222,200.00