Outgoing Kathmandu CEO Peter Halkett sells $4.4 million of shares

Wed, 08 Oct 2014

By Suze Metherell Oct. 8 (BusinessDesk) - Kathmandu Holdings outgoing chief executive Peter Halkett sold 1.51 million of shares on market yesterday, reaping $4.4 million from the sale. The outgoing head of the Christchurch-based outdoor goods retailer made the disclosure today in a notice to the stock exchange today, and Reuters data indicate the sale was at $2.95 a share. The trade comes after Halkett exercised options to buy some 560,000 shares for $1.2 million on Sept. 9, just over a week after he announced his resignation after eight...

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