Finsbury Growth & Income Trust Announces Share Purchase by Portfolio Manager
Why we think this is neutral
The RNS announcement is a simple notification of a share purchase by the portfolio manager, Nick Train. It does not contain any information about the company's financial performance, trading updates, or future outlook. As such, this is assessed as a neutral announcement with no significant implications for the company's valuation or share price.
Key Points
- Nick Train, the portfolio manager, purchased 32,500 shares at an average price of 958.50p
- This increases his total holding to 5,542,543 shares, representing 3.7% of the company's issued share capital
Summary
The investment trust announces that its portfolio manager has purchased additional shares in the company.
Finsbury Growth & Income Trust PLC has announced that on 11 February 2025, its portfolio manager, Nick Train, purchased 32,500 ordinary shares in the company at an average price of 958.50 pence per share. As a result, Mr. Train now holds interests in a total of 5,542,543 ordinary shares, representing 3.7% of the company's issued share capital.
TRADING UPDATE