Aberdeen Asset Management's CEO Martin Gilbert has been awarded a share bonus worth £2.9m, which he will be able to access in five equal tranches over the next five years.
Gilbert (pictured) has been granted 856,240 ordinary shares in the firm at a price of 335p per share, and now holds an aggregate conditional interest of 1,996,442 shares in the company, as well as 2,357,430 in aggregate unconditional shares. At the same time, Gilbert has sold £5.3m worth of shares in the company, which were awarded to him as part of his variable pay awards for 2009, 2010 and 2011. This transaction saw him selling 1,696,605 shares at a price of 314.8p on 1 December. The sale was executed despite the weak performance of the company's shares year to date - they are down ...
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