4th Oct 2013 11:28
LONDON (Alliance News) - India Capital Growth Fund Limited said Friday that Chairman Fred Carr had bought 10,000 shares, Director Peter Niven bought 25,000 shares and Director John Whittle had bought 20,000 shares at 29.0 pence each.
In addition the following employees of the company's Investment Manager, Ocean Dial Asset Management Limited, bought shares:
Chief Investment Officer David Cornell bought 56,897 shares, Chief Executive Officer Robin Sellers bought 17,5000 shares, Finance and Operations Manager Hugo Evans bought 56,655 shares, and Chairman Raju Shukla bought 344,828 shares at the same price.
Ocean Dial Asset Management Limited sold 818,811 shares at 29.0 pence each in order to facilitate these purchases.
Shares in the investment company were trading down 0.25 pence at 29.00 pence Friday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
India Cap