Tesco boss banked £200,000 from share sale – just days before profit warning

[Alberto E]

   

    A Tesco boss pocketed £200,000 selling shares a few days before the supermarket revealed bleak Christmas sales figures – and the stock price collapsed. The announcement that festive business was the worst for 20 years saw shares tumble 16%, wiping almost £5billion off the company’s value. But that did not concern Noel “Bob” Robbins, Tesco’s chief UK operating officer, who sold 50,000 shares at…

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Tesco boss banked £200,000 from share sale – just days before profit warning

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