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Realistbear

Director Of Housebuilder Persimmon Dumps Shares

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http://uk.biz.yahoo.com/05092006/214/persi...es-258-000.html

Tuesday September 5, 05:55 PM
Persimmon director raises £258,000
LONDON (ShareCast) - Housebuilder Persimmon said David Bryant, an executive director, sold £258,000 worth of shares in order to settle tax liabilities.
Bryant disposed 20,000 shares at an average price of £12.50 per share to reduce his stake to
(Advertisement)
470,000, or 0.16% of the company.
"Mr Bryant sold these shares in order to settle tax liabilities arising from the recent vesting of share rights," said the group.

MM-mm and pigs might fly............... :lol:

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http://uk.biz.yahoo.com/05092006/214/persi...es-258-000.html

Tuesday September 5, 05:55 PM
Persimmon director raises £258,000
LONDON (ShareCast) - Housebuilder Persimmon said David Bryant, an executive director, sold £258,000 worth of shares in order to settle tax liabilities.
Bryant disposed 20,000 shares at an average price of £12.50 per share to reduce his stake to
(Advertisement)
470,000, or 0.16% of the company.
"Mr Bryant sold these shares in order to settle tax liabilities arising from the recent vesting of share rights," said the group.

MM-mm and pigs might fly............... :lol:

Hi RB,

He still has 470,000 though!

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http://uk.biz.yahoo.com/05092006/214/persi...es-258-000.html

Tuesday September 5, 05:55 PM
Persimmon director raises £258,000
LONDON (ShareCast) - Housebuilder Persimmon said David Bryant, an executive director, sold £258,000 worth of shares in order to settle tax liabilities.
Bryant disposed 20,000 shares at an average price of £12.50 per share to reduce his stake to
(Advertisement)
470,000, or 0.16% of the company.
"Mr Bryant sold these shares in order to settle tax liabilities arising from the recent vesting of share rights," said the group.

MM-mm and pigs might fly............... :lol:

470000...........The number of Women in Zambia living with HIV/AIDS. :o

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Hi RB,

He still has 470,000 though!

Maybe he will dispose of the rest piecemeal so as not to create a panic? I wonder what happened to his cash flow that he had to sell shares to pay taxes?

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http://uk.biz.yahoo.com/05092006/214/persi...es-258-000.html

Tuesday September 5, 05:55 PM
Persimmon director raises £258,000
LONDON (ShareCast) - Housebuilder Persimmon said David Bryant, an executive director, sold £258,000 worth of shares in order to settle tax liabilities.
Bryant disposed 20,000 shares at an average price of £12.50 per share to reduce his stake to
(Advertisement)
470,000, or 0.16% of the company.
"Mr Bryant sold these shares in order to settle tax liabilities arising from the recent vesting of share rights," said the group.

MM-mm and pigs might fly............... :lol:

Hi RB,

Yeah interesting news, but not really an indicator of The Crash! It is only about 4% of his original holdings, hardly a major shift. If he starts doing it on a weekly basis then yeah maybe there is a reason to leap about, but I imagine the fella has moved his assets around before and will do so in the future.

Hey maybe he just needed to free up a bit of cash to afford one of Persimmons new starter homes! :D

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http://uk.biz.yahoo.com/05092006/214/persi...es-258-000.html

Tuesday September 5, 05:55 PM
Persimmon director raises £258,000
LONDON (ShareCast) - Housebuilder Persimmon said David Bryant, an executive director, sold £258,000 worth of shares in order to settle tax liabilities.
Bryant disposed 20,000 shares at an average price of £12.50 per share to reduce his stake to
(Advertisement)
470,000, or 0.16% of the company.
"Mr Bryant sold these shares in order to settle tax liabilities arising from the recent vesting of share rights," said the group.

MM-mm and pigs might fly............... :lol:

You even embarass other bears!

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Selling shares to meet tax liabilities is common for many employees including executive directors. He exercised option of 50,632 shares on the 23rd Aug. Selling 20,000 (39.5%) nearly covers his tax bill (Assuming 40%)

Non-story. The quality of posts has deteriorated lately. Maybe it will pick up now the holiday season is coming to an end.

MM

(I could be generous and say that given his salary (inc bonus) was £730k in 2005 he could afford to pay the tax and keep the shares if he thought they were going to go higher. Maybe he has a large mortgage or is financing off-plan BTL flats ;) )

(P.S. I have sent an e-mail to the duty office at the BBC asking why they have not put this story on their website. I expect a bland response from the VI spin-meisters!)

Edited by MrMash

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Persimmon director raises £258,000

LONDON (ShareCast) - Housebuilder Persimmon said David Brent, an executive director, sold £258,000 worth of shares in order to settle tax liabilities.

Wasn't he in The Office? :lol:

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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