Martin Gilbert sells £5.3m Aberdeen shares

Martin Gilbert Aberdeen

Aberdeen Asset Management chief executive Martin Gilbert has sold £5.3m in the firm, a regulatory filing shows.

The shareholding disclosure revealed Gilbert sold 1.6m shares at £3.25 in a deferred share exercise.

Gilbert’s aggregate conditional and unconditional shares now total 2.7m, of which 2m are conditional shares that will vest over the period to December 2020.

The transaction was part of the company’s variable pay awards from 2011, 2012 and 2013.