Cash Windfall for Pacificorp Chief

The HeraldAugust 16, 2005

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Summary


JUDI Johansen, head of ScottishPower's PacifiCorp subsidiary in the US, has made a gain of around dollars-614,350 ([GBP]340,000) from selling shares in the parent utility that she had acquired under executive share option schemes. ScottishPower, which is selling PacifiCorp to Warren Buffet's MidAmerican Energy, notified the London Stock Exchange that Johansen, pictured, sold 205,620 shares for dollars-8.96 each on August 10.

The shares concerned were acquired by Johansen under the 2001 share option scheme in three tranches.

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Cash Windfall for Pacificorp Chief

She paid dolla...

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