Granada chief in the money

01 January 2000
Granada chief in the money

GRANADA chairman Gerry Robinson pocketed millions of pounds last week after cashing in almost two-thirds of his share options in the group.

On 1 April Robinson bought 537,500 shares at a cost of almost £1.4m.

The share options were granted under executive options schemes in 1984 and 1994.

Five days later he sold the shares for £12.3 each, making a total of almost £6.7m and a profit before tax of £5.26m.

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