Kingspan directors cashed in £6m of shares before airing of Grenfell claims | Grenfell Tower inquiry | The Guardian

Three directors of Kingspan, the company that made combustible insulation used on Grenfell Tower, cashed in more than £6m in share options before allegations against the business were aired at the public inquiry into the disaster. Gene Murtagh, the chief executive of the Ireland-based company that made the Kooltherm-K15 foam boards used on the council block where a fire killed 72 people in 2017, took the biggest share, making a £3.1m profit, followed by Gilbert McCarthy and Peter Wilson, two executive directors who made £1.8m and £1.6m respectively. The trades happened in September and October, before the inquiry started investigating the company’s role this month.

Kingspan directors cashed in £6m of shares before airing of Grenfell claims | Grenfell Tower inquiry | The Guardian

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