Goulter picks up airport options

Mr Goulter was entitled to buy the shares at $2.50 each under an option plan associated with his employment contract.

"Mr Goulter has informed the Company that he will be retaining the 400,000 shares which, together with entitlements in the executive share option plan, will provide him with a direct and continuing interest in the performance of the company," says AIA.

"Mr Goulter advised that he was mindful of the options' fast approaching expiry date (28 June) and was exercising them at a time when the market was fully informed following AIAL's third quarter performance announcement on 10 May."

The airport shares have been trading at all time highs around $4.75 in the past week following strong trading news and the announcement that the company intends returning $212 million to shareholders.

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