YouGov chief sells £1m stake to cover tax bill

YouGov chief executive officer and co-founder Stephan Shakespeare has sold a large chunk of shares in his company to satisfy a tax bill.

The income taxes arose from a recent exercise of share options, which was announced in October.

As a result, he sold a total of 750,000 shares for just over £1m.

Shakespeare along with his immediate family has a total of 7,438,609 shares, representing a 7.1% stake in the company.

Top Director Buys

Majestic Wine (MJW)
Director name: Mr James Crawford
Amount purchased: 9,000 @ 354.95p
Value: £31,946

Vianet Group (VNET)
Director name: Mr Stewart Darling
Amount purchased: 33,244 @ 94.00p
Value: £31,249

Thomas Cook Group (TCG)
Director name: Mr Peter Fankhauser
Amount purchased: 20,000 @ 116.60p
Value: £23,320

Thomas Cook Group (TCG)
Director name: Mr Michael Healy
Amount purchased: 20,000 @ 115.50p
Value: £23,100

Top Director Sells

YouGov (YOU)
Director name: Mr Stephan Shakespeare
Amount sold: 750,000 @ 144.00p
Value: £1,080,000

Topps Tiles (TPT)
Director name: Mr Matthew Williams
Amount sold: 40,000 @ 150.00p
Value: £60,000