The fact that Simon Henry the departing Chief Financial Officer of Royal Dutch Shell Plc has flogged another £1m plus worth of Shell shares has not gone unnoticed in the financial media.
The above Daily Mail article based on information I supplied, was published several weeks ago after Henry sold £1m worth of his Shell shares days before his unexpected resignation.
Now the latest instalment in his Shell share selling spree has been taken up by Interactive Investor, asking whether director dealing activity can be a warning sign.
See: Insider: Are these big sales a warning sign?
Perhaps Simon Henry was not one of the oil executives who benefitted from the OPL 245 jackpot and was short of readies.
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