Sir Nigel Rudd buys more Pilkington

Date: 8 July 2002
Source: FT
Pilkington stock was hit a couple of months ago when the company announced that Stuart Chambers, an executive director of the company, would replace Paolo Scaroni as chief executive officer.

See FT Investor story: Pilkington shares drop on reshuffle

Subsequently, Paolo Scaroni, the departing Pilkington chief executive officer, sold £825,000 of shares, and the new chief executive Stuart Chambers and executive director Andrew Robb made a £130,000 profit between on the sale of options. Also executive director Warren Knowlton raised almost £260,000 by selling the bulk of his holding in the glass maker ahead of his planned departure in July.

600450 Sir Nigel Rudd buys more Pilkington
Date: 8 July 2002
Source: FT

See more news about:

Others also read

Apogee Enterprises Inc. reported level sales but an increase in earnings for the third quarter of its fiscal 2003. Bloomington-based Apogee, which makes glass products and services, said the earnings increase was mainly the result of improvements in its architectural glass business.
William A. Wulfsohn, vice president and general manager of Nylon System for Honeywell International, has been named vice president of European coatings for PPG Industries (NYSE:PPG) and managing director of PPG Europe. "Bill will play a vital role in helping our European coatings businesses achieve their full potential," said Michael A.
Bystronic is to take over Armatec Vierhaus GmbH with effect from 1 January 2003. For Bystronic, a global supplier of system solutions for the manufacture of architectural and automotive glass, the takeover of Armatec, which specialises in laminated safety glass and handling systems, ideally complements the Bystronic portfolio.
The butterflies at Melbourne Zoo have gone upmarket with a new accommodation wing featuring Pilkington glass.
Owens-Brockway Glass Container Inc., an indirect wholly-owned subsidiary of Owens-Illinois, Inc., (NYSE: OI) announced today that is has closed on the sale of $175 million principal amount of its 8-3/4% Senior Secured Notes due November 15, 2012.
UCB reached an agreement with Solutia to acquire Solutia's Resins, Additives & Adhesives activity for $500 million, plus a $10 million exclusivity fee.

Add new comment