22nd May 2019 18:06
LONDON (Alliance News) - Fundsmith Emerging Equities Trust PLC on Wednesday said Terry Smith, chief executive of its investment manager Fundsmith LLP, bought 82,000 shares at a price of GBP12.05 per share.
Following the GBP988,100 deal, Smith holds 662,000 shares, equivalent to a 2.5% stake in trust.
Shares in Fundsmith Emerging Equities closed down 2.2% at 1,205.00 pence on Wednesday.
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