Liontrust bosses pick up shares

published 2 August 2011

Bosses at Liontrust Asset Management have been on the hunt for shares in the company.Chief executive John Ions took 250,000 shares at 74.72p a time and now has 268,301, or about 0.75% of the company. Chief financial officer Vinay Abrol took 65,000 at the same price and now has 655,756.Liontrust provides portfolio management services in UK and European equities and in fixed income securities. The share purchases come on the same day Liontrust announced it has agreed to buy Occam Investment Management's fund management business.Top Director BuysLiontrust Asset Managament (LIO) Director name: Mr John Stephen IonsAmount purchased: 250,000 @ 74.72p Value: £186,800Liontrust Asset Managament (LIO) Director name: Mr Vinay Kumar AbrolAmount purchased: 65,000 @ 74.72p Value: £48,568Servoca (SVCA) Director name: Mr John R FoleyAmount purchased: 500,000 @ 5.00p Value: £25,000