11th Jul 2019 17:04
(Alliance News) - Fundsmith Emerging Equities Trust PLC said Thursday that Terry Smith, former fund manager and CEO of investment manager Fundsmith LLP purchased GBP973,250 in shares on Wednesday.
Smith acquired 85,000 shares at a price of GBP11.45 per share. Following this transaction, Smith now holds 847,000 shares, reflecting a 3.2% stake.
Shares in the investment trust closed 0.4% lower at 1,165.00 pence on Thursday.
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