Greencore boss Coveney offloads £1.35m of company stock

The sandwich-maker’s chief executive now holds roughly £3.5m worth of shares, at their current price of £1.35

Barry J Whyte

Chief Feature Writer @whytebarry
5th September, 2021
Greencore boss Coveney offloads £1.35m of company stock
Patrick Coveney, Greencore chief executive: sold his shares on the open market. His holding is now worth around £3.5 million at the current share price of £1.35, while he also stands to earn 2.5 million shares in performance-based and other share awards. Picture: Byran Meade

Patrick Coveney, the chief executive of sandwich maker Greencore, has sold £1.35 million-worth (€1.6 million) of shares in the company, stock exchange filings show.

Coveney sold the shares on the open market after he paid back a loan against which 3.5 million of his shares in the company had been pledged as collateral, the filings show.

Having sold that tranche of shares, his holding is now worth around £3.5 million at the current share price of...

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