Gray nets stg£2m with O2 share sale

Danuta Gray, the chief executive of mobile operator O2 Ireland, has netted stg£2 million (€2.9 million) by selling share options in the firm's London-quoted parent company.

30th July, 2005

Danuta Gray, the chief executive of mobile operator O2 Ireland, has netted stg£2 million (€2.9 million) by selling share options in the firm's London-quoted parent company.

Gray sold more than 1.4million shares at stg£1.42 each last Tuesday, making stg£2.02 million before tax, according to filings with the London Stock Exchange. The options were granted at 46p in February 2002.

Gray owned just over 33,000 shares in O2 after the share sale, but was...

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