Mobile boss sells shares

A BOSS at Carphone Warehouse has sold shares worth €1.5 million two weeks after his fellow co-founder did the same, it emerged yesterday.

David Ross, who helped set up the firm with chief executive Charles Dunstone 16 years’ ago, cashed in on a recent surge in the price of the stock by selling six million shares.

Mr Dunstone pocketed roughly the same amount when he made his first sale since the group floated in 2000. Both said they had no current intention to sell any further shares.