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Waterford Wedgwood: directors take scrip dividend

Six directors of troubled luxury goods manufacturer Waterford Wedgwood have shared a small paper profit by choosing to take a scrip dividend instead of a financial payment for the year ending in March…

Six directors of troubled luxury goods manufacturer Waterford Wedgwood have shared a small paper profit by choosing to take a scrip dividend instead of a financial payment for the year ending in March. The directors all made their purchases at EUR 0.2248. Group chief executive Redmond O“Donoghue purchased 11,749 shares; Tony O“Reilly Jr, chief executive of Wedgwood, bought 2,200 shares; John Foley, chief executive of Waterford Crystal, acquired 4,486 units; Company secretary Patrick Dowling bought 9,996 shares; Non-executive directors Lord Wedgwood and Brian Patterson bought 17,209 and 1,068 shares respectively.

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