Top men sell shares in holiday firm for £10.8m

Four top executives at Greater Manchester holiday company On The Beach have pocketed a total of £10.8m from the sale of shares. Chief technical officer Jonathan Smith and chief marketing officer have each sold a million shares at 439p to receive £4.39m each. With their remaining shares they own a 1.65% stake in the Cheadle company. Chief supply officer Bill Allen has bagged £1.0975m and now has a 0.23% holding in the firm, while chief international officer Oliver has banked £878,000 and maintains a 0.13% piece of OTB. The... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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