Director dealings: Mandarin Oriental's chief operating officer sells shares
Mandarin Oriental's chief operating officer, Christoph Wilhelm Mares, disposed of 740,866 shares in the hotel operator's equity at an aggregate price of $2.43 apiece, pocketing roughly $1.453m in the process.
The transaction was carried out on 24 April, after he had exercised 1.803m options on a net settlement basis at exercise prices of $1.35630, $1.57040, $1.61284 and $1.98823.
Both the exercise of the options and the follow-up sale of the shares were conducted outside of a trading venue, the company said in a statement.
Top Director Buys
Intercede Group (IGP)
Director name: Pol,Chuck
Amount purchased: 62,500 @ 29.00p
Value: £18,125.00
Redx Pharma (REDX)
Director name: Ross,Iain
Amount purchased: 150,000 @ 11.00p
Value: £16,500.00
Robinson (RBN)
Director name: Clothier,Richard John
Amount purchased: 5,000 @ 71.00p
Value: £3,550.00
Spirent Communications (SPT)
Director name: Hutchinson,Eric G
Amount purchased: 206 @ 120.80p
Value: £248.85
Top Director Sells
Mandarin Oriental International (singapore) (MDO)
Director name: Mares,Christoph Joseph Wilhelm
Amount sold: 597,734 @ $2.44
Value: $1,458,470.99
Mandarin Oriental International (singapore) (MDO)
Director name: Mares,Christoph Joseph Wilhelm
Amount sold: 143,132 @ $2.40
Value: $343,259.17