Ashley Almanza, the CFO of BG Group and the head of the Hundred Group, is one of 53 executives who have sold or transferred shares in the last six weeks ahead of the CGT deadline.
According to City A.M. the executives were spread across 53 companies and have been selling of shares in order to avoid the new rate of capital gains tax, which rises from 10% to 18% from 6 April.
Some executives have not sold shares, but passed them on to spouses or into trusts to avoid the increased tax charge.
London Stock Exchange boss Clara Furse, Qinetiq chairman Sir John Chisholm and Almanza's BG Group chief executive Frank Chapman are just some of the big names that have either transferred or sold shares.
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