OTP executives continue to sell incentive program shares
Two of Hungarian OTP始s top executives reportedly sold more than HUF 700 mln of the bank始s shares yesterday, Hungarian news agency MTI citing the lender as saying today.
Chairman-CEO S谩ndor Cs谩nyi
Yesterday Chairman-CEO S谩ndor Cs谩nyi sold 108,011 shares at an average price of HUF 5,934 per share and board member L谩szl贸 Utassy sold 10,810 shares at an average price of HUF 5,911 per share, MTI said.
The men bought the shares at a fixed price from OTP始s treasury share stock as part of an incentive program earlier, the news agency added.
It was reported on Monday that two other top executives at Hungarian OTP sold approximately HUF 364 mln of the bank始s shares. Vice chairman Antal Pongr谩cz sold 32,436 shares at an average price of HUF 5,751 per share and deputy-CEO L谩szl贸 Bencsik sold 30,912 shares at an average price of HUF 5,755 per share.
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