Finsbury Growth & Income Trust PLC: Portfolio Manager Increases Stake
Why we think this is neutral
The RNS announcement is about a purchase of shares by the portfolio manager, which is a routine transaction and does not provide any significant new information about the company's performance or outlook.
Key Points
- Portfolio manager Nick Train purchased 25,000 shares
- Nick Train now holds a 4.7% stake in the company
Summary
The asset management firm's portfolio manager has increased their stake in the investment trust.
Finsbury Growth & Income Trust PLC has announced that the portfolio manager, Nick Train, has purchased 25,000 ordinary shares in the company, increasing his total holding to 4.7% of the issued share capital.
DIRECTOR DEALINGS