Star Jupiter four hold £105m stake in group

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Senior Jupiter managers Tony Nutt, Philip Gibbs, Edward Bonham Carter and John Chatfeild-Roberts will together own almost 14% of the group following the IPO, valuing their stake at more than £105m.

Jupiter this morning set its IPO price at 165p per ordinary share, which came in at the lower end of the 150p to 210p range it set ahead of publishing its prospectus earlier this month. Nutt, the Jupiter Income fund manager, holds the largest individual stake in the fund group at 5.01%, worth almost £38m. Financials specialist Gibbs and CEO Bonham Carter own 3.51% and 3.5% respectively, valued at about £26.5m each. Chatfeild-Roberts, the CIO and head of multi-manager, has a 1.91% stake, worth more than £14.4m. In addition to his 8.7m shares, Chatfeild-Roberts has options over a fur...

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