Jupiter CEO Edward Bonham Carter has sold one million shares in the company as he prepares to step back from running the business.
The chief executive (pictured), who will hand over day-to-day management of the firm to Maarten Slendebroek on 17 March, sold one million shares on Friday for a total of £4.36m. The sale represents Bonham Carter's first divestment for almost a year, the CEO having sold a stake worth £2.6m last March. Bonham Carter still holds more than 12 million shares in Jupiter following the sale, accounting for a 2.62% interest. He remains a top 10 shareholder.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
