Two insiders selling at George Weston (WN)

Two insiders selling at George Weston (T:WN)

Paviter Singh Binning, a Senior Officer and Director, exercised Options and disposed of 9,800 Common Shares on a direct ownership basis at a price of $108.846 on December 21st, 2017. This represents a $1,066,691 divestment of the company's shares and an account share holdings change of -16.8%.

In addition, Richard Dufresne, CFO, disposed of 8,825 Common Shares on a direct ownership basis at a price of $109.000 on December 21st, 2017. This represents a $961,925 divestment of the company's shares and an account share holdings change of -100.0%.

George Weston is in the Food Retail & Distribution Sub Industry Group under the Consumer Non-Cyclicals Sector.

George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America. The Loblaw segment, which is operated by Loblaw Companies Limited, is a food and pharmacy retailer, and the majority unitholder of Choice Properties. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, retail banking, credit card services, insurance and wireless mobile products and services. Choice Properties owns, develops and manages income-producing retail and commercial properties.