Two directors at St James’s Place have increased the shares they own in the company.
SJP investments managing director David Lamb and partnership managing director Ian Gascoigne have both bought £8,996 worth of the company’s shares, according to a London Stock Exchange notice.
Lamb and Gascoigne bought 993 ordinary shares of 15p each at a price of £9.06 per share on Friday.
Lamb will step down from the wealth management giant’s board at the start of next year but will chair SJP’s investment committee on a part-time basis. He will have spent nearly three decades at SJP before he retires.
Gascoigne joined SJP in 1991.