Man United's Gill exercises option
By Gary Evans
Financial Times; Oct 18, 2003


David Gill, who last month replaced Peter Kenyon as Manchester United's
chief executive, exercised an option on Thursday to subscribe for 400,000
shares in the football club at 159p a share. Following this exercise, Mr
Gill sold, on the same day, 325,000 shares at 230p, which the club said was
in order to fund the cost of exercising the option and to fund the personal
tax liability arising on exercise.

Mr Gill, a former finance director at First Choice, the holiday group, now
holds 132,138 shares in Manchester United - its share price yesterday edged
up �p to 233p. Gary Evans



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