28th Feb 2014 17:15
LONDON (Alliance News) - Jupiter Fund Management PLC Friday said Non-Executive Vice Chairman Edward Bonham Carter sold one million shares at a price of GBP436.3818 per share, in a transaction worth GBP4.4 million gross.
Following this transaction, Bonham Carter holds 12 million shares, which represents a 2.622% stake in the firm.
Bonham Carter recently stepped down as chief executive of the investment management company, handing over to Maarten Slendebroek.
Bonham Carter, who is the brother of actress Helena Bonham Carter, led Jupiter through its management buyout in 2007 and subsequent initial public offering in June 2010.
Shares in Jupiter Fund Management closed at 436.80 pence, up 0.7% Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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