Directors Deals 

Dacre sells at Daily Mail

Dacre sells at Daily Mail

It’s the end of an era: media tycoon Paul Dacre has sold his remaining 33,000 ordinary shares in Daily Mail and General Trust (DMGT), earning himself £244,200 in the process. This sale came ahead of his 70th birthday and his departure as editor of the Daily Mail in November, after what will be 26 years of service. Although Mr Dacre remains heavily involved in the company (he will become chairman and editor-in-chief of DMGT-owned Associated Newspapers and retains his long-term incentive plan shares) this disposal marks the conclusion of a controversial period for the group.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now