Directors Deals 

United Utilities boss sells down

United Utilities boss sells down

Shares in United Utilities (UU.) have performed poorly since the latter part of May, so investors may be concerned to see a large sale of shares by chief executive Steve Mogford. However, before jumping to conclusions, it is best to view this activity in context. In recent years, Mr Mogford has been a regular buyer, picking up small, albeit significant pockets of shares almost monthly since 2011. He also remains the group’s largest non-institutional stakeholder.

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