Clarksons executives Andi Case and Jeff Woyda have exercised a second tranche of stock options in the London-listed shipbroker.

Chief executive Case took up options on 108,500 shares worth £2.16m ($2.63m) at present trading levels.

According to a stock exchange filing Case sold 51,140 of the shares at £19.50 each to meet a tax liability on the stock.

Woyda, the chief financial officer at Clarksons, took options on 17,700 shares worth £350,407 at the time of writing on Monday.

He