IAWS finance director Mr David Martin has realised about #570,000 (£450,000) after exercising share options and then selling the shares into the market. Mr Martin bought 100,000 shares at an option price of #2.90 and another 30,000 at #3.18 for a total of #385,400. Chief executive Mr Philip Lynch made a profit of #1.7 million on options 10 days ago.