5th Mar 2019 14:39
LONDON (Alliance News) - Jupiter Fund Management PLC said Tuesday that freshly minted Chief Executive Officer Andrew Formica bought shares worth a combined GBP791,573 in two transactions in the days immediately following his appointment.
Last Friday, Formica - who replaced former CEO Maarten Slendebroek that day - bought 66,173 shares at 360 pence each worth GBP238,223. Hot-on-the-heels of this transaction, Formica then bought a further 150,000 shares at 368.9p worth GBP553,350 on Monday.
The total holding of Formica in Jupiter Fund Management after the deal was not disclosed.
Shares in Jupiter Fund Management were 0.1% higher at 369.90 pence on Tuesday.
Related Shares:
Jupiter Fund Management