Director dealings: Trainline CEO offloads 800,000 shares
Trainline
426.20p
16:45 27/12/24
Trainline revealed on Tuesday that chief executive officer Clare Gilmartin had disposed of 800,000 ordinary shares in the FTSE 250-listed rail ticket booking platform operator.
FTSE 250
20,488.65
16:29 27/12/24
FTSE 350
4,495.62
16:29 27/12/24
FTSE All-Share
4,453.14
17:05 27/12/24
Travel & Leisure
9,137.16
16:29 27/12/24
Gilmartin, who took over as CEO at Trainline back in 2014, sold the shares last Thursday at an average price of 400.11p each, for a total value of £3.20m.
Back in May, Trainline pulled 2021 guidance and warned of a significant hit to first-quarter profits due to the coronavirus pandemic.
However, in the shorter term Trainline expected the pandemic would usher in a faster shift to digital ticketing as passengers avoided ticket machines or station queues to avoid contracting the Covid-19.
As of 1635 BST, Trainline shares were down 8.13% at 370.80p.
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