30/09/2010 - 11:28

Clough CEO cashes in $2.4m shares

30/09/2010 - 11:28

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Clough CEO John Smith has cashed in $2.4 million worth of shares in the engineering and construction company after exercising three million options.

Clough CEO cashes in $2.4m shares

Clough CEO John Smith has cashed in $2.4 million worth of shares in the engineering and construction company after exercising three million options.

In a statement to the Australian Securities Exchange today the company said Mr Smith exercised three million options in early September which temporarily increased his holding to six million shares.

The latest transaction reduced Mr Smith's holding to the prior level of three million shares or 0.4 per cent of issued capital.

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