Sipp provider Curtis Banks has announced that its managers have acquired a total of 143,814 shares in the company, at an average price of 186.07p per share.
The shares acquired have a total value of £267,584.71.
Christopher Banks, Rupert Curtis, Paul Tarran and Kristian Morgans hold 60.87 per cent of the company's issued share capital in aggregate.
They held shares in the company prior to the initial public offering in 2015, and in accordance with the rules of the Takeover Code are acting in concert.
Persons discharging managerial responsibility share holdings:
| Ordinary Shares acquired(1) | Holding prior to purchase | Total holding(1) | Total holding as percentage of CBP shares in issue |
Christopher Banks | 79,900 | 20,436,843 | 20,516,743 | 38.43% |
Rupert Curtis | 26,631 | 7,321,053 | 7,347,684 | 13.76% |
Paul Tarran | 26,631 | 3,777,127 | 3,803,758 | 7.13% |
Kristian Morgans | 10,562 | 815,790 | 826,352 | 1.55% |
In September this year, the company reported that the number of self-invested personal pensions administered by Curtis Banks had doubled year-on-year.
The unaudited 6 month period ended 30 June 2016 saw 67,161 Sipps administered, compared with 26,755 at the 30 June 2015.
ruth.gillbe@ft.com
