Randolph offloads shares

BHP Billiton group executive and ferrous and coal chief executive Marcus Randolph has sold $A3.2 million of shares in the company.
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BHP Billiton chief executive of ferrous and coal Marcus Randolph.

Kristie Batten

In a change of interest form lodged with the Australian Securities Exchange, BHP said Randolph had sold 90,000 shares at $35.91 apiece yesterday in an on-market sale.

No reason was given for the sale.

Randolph still holds 315,425 shares in the company.

Earlier this month, Randolph was awarded 126,926 performance shares exercisable between August 2017 and August 2022 under the company’s Long Term Incentive Program, and 24,939 shares deferred shares exercisable between August 2014 and August 2017 under the Group Incentive Plan.

BHP shares closed 7c up to $36.07.

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