Molins executives cash in mid-week bonus

Molins’ top brass have had a healthy mid-week payday as they cash up some of their share options.

The Milton Keynes-based technology and services group’s chief executive Dick Hunter and finance director David Cowen both received a number of shares under the company’s deferred share plan.

Hunter received 69,600 shares under the scheme and sold them on the open market to take home over £52,000.

Cowen received 61,600 which were sold back to the scheme’s trust for just over £46,000.

Both Hunter and Cohen still hold a 0.4% and 0.5% stake in the company respectively.

Top Director Buys

Lombard Risk Management (LRM)

Director name: Mr Stephen Roderick Rogers

Amount purchased: 125,000 @ 9.30p

Value: £11,625

Top Director Sells

Molins (MLIN)

Director name: Mr R C (Dick) Hunter

Amount sold: 69,600 @ 75.00p

Value: £52,200

Molins (MLIN)

Director name: Mr David John Cowen

Amount sold: 61,600 @ 75.00p

Value: £46,200