17th Jun 2016 11:32
LONDON (Alliance News) - Liontrust Asset Management PLC Friday said Non-Executive Director George Yeandle bought 10,000 shares at a price of 284 pence per share on Thursday.
Following this transaction, Yeandle now holds 20,000 shares, which represents 0.04% stake in the trust.
The London-listed money manager established in 1995, on Thursday reported higher pretax profit, on growing revenue and assets under management, and raised its full-year dividend 50% in response.
Pretax profit rose to GBP9.4 million in the year ended March 31, from GBP7.3 million a year earlier, Liontrust said in a statement, as revenue increased to GBP45.0 million from GBP36.8 million, boosted as performance fees rose to GBP7.4 million from GBP3.2 million.
The stock was down 1.0% at 281.20p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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