Henderson director sells 429,000 shares

clock

David Jacob, managing director of investment management at Henderson Group, has sold 429,000 shares at 120.60p.

The £517,374 sale was made after the director acquired just over two million shares on the vesting of a share plan. Following the transaction Jacob now holds around 2.466m shares. His wife continues to own 710,920 shares. The stock has fallen over 28% in the past year, equivalent to 48.5p, and despite making gains in the last month of around 5%, has lost over 3% in the past week. At the end of February the company said while its acquisition of Gartmore in 2011 boosted income, outflows during the year were still 'significant'. Underlying profits before tax were £159.2m, although ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Partner Insight: Playing Defence with Dividends

Partner Insight: Playing Defence with Dividends

Today’s equity markets are characterised by bouts of volatility, spurred by geopolitical tensions and macroeconomic uncertainties, mainly due to the start-stop nature of the US-initiated global trade war. This has investors seeking strategies that offer...

Reineke Davidsz and Najib Nakad @ VLK Investment Management
clock 10 July 2025 • 3 min read
Stock pickers urge caution over rapid return to US equities

Stock pickers urge caution over rapid return to US equities

Quilter and Fidelity

Linus Uhlig
clock 01 July 2025 • 1 min read
Deep Dive: US equities may not have peaked but do require greater selectivity

Deep Dive: US equities may not have peaked but do require greater selectivity

Amid equity rebalancing

Linus Uhlig
clock 13 June 2025 • 4 min read
Trustpilot