Miton Asset Management managing director Martin Gray has been appointed a director of Midas Capital with immediate effect.
Gray was previously a director of iimia MitonOptimal, but stepped down in March 2008 following the acquisition of Midas Capital Partners. The manager of the popular CF Miton Special Situations and CF Miton Strategic Portfolio funds, Gray owns 1.69m ordinary shares (2.42%) in Midas and has options for a further 1.15m shares under the group's Management Incentive Plan. He was today awarded a further 1m options for ordinary shares, at an exercise price of 25p per share. Midas' share price at close on Tuesday was 16p. "We are pleased to welcome Martin onto the board of Midas. We see it...
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
