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Cadbury's management is not waiting to see what plans Kraft may have for them once the takeover is finalised.
According to inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 7 to 14-February-2010 Cadbury's management has sold shares worth Euro 24.36 million
Here are the transactions:
CADBURY PLC
Insider: Stitzer, Todd
Insider Relation: CEO
Transaction Date: 8-February-2010
Transaction Volume: 13.096 mln eur
Notes: London
Amount of shares sold: 1,363,520
Average selling price: 9.60 eur
Last Price vs. selling price: +0.85%
CADBURY PLC
Insider: Udow, Henry A
Insider Relation: Management Team / Committee
Transaction Date: 9-February-2010
Transaction Volume: 5.292 mln eur
Notes: London
Amount of shares sold: 553,431
Average selling price: 9.56 eur
Last Price vs. selling price: +1.30%
CADBURY PLC
Insider: Reckitt, Mark
Insider Relation: Management Team / Committee
Transaction Date: 9 - 10-February-2010
Transaction Volume: 3.246 mln eur
Notes: London
Amount of shares sold: 337,533
Average selling price: 9.62 eur
Last Price vs. selling price: +0.71%
CADBURY PLC
Insider: Bond, Trevor
Insider Relation: Management Team / Committee
Transaction Date: 10-February-2010
Transaction Volume: 2.722 mln eur
Notes: London
Amount of shares sold: 282,775
Average selling price: 9.63 eur
Last Price vs. selling price: +0.61%
If you look at the Cadbury's share price its not hard to understand why they are selling.
Source: Bigcharts.com
Tim du Toit is the editor ofEurosharelab. Kindly note that this blog is published for
information purposes and is not investment advice. Please refer to our disclaimer.
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