Fidelity European Trust PLC (FEV), the London-listed investment trust focused on European equities, has disclosed that Non-Executive Director Ivan Rogers purchased 1,400 ordinary shares on 3 November 2026. The acquisition was made at £4.145 per share, resulting in a total transaction value of £5,803. The purchase, conducted on the London Stock Exchange, was notified to the company on the same date and represents an initial PDMR notification under UK market disclosure rules.

Key Points

  • Fidelity European Trust PLC (FEV) — London-listed European equity investment trust
  • Non-Executive Director Ivan Rogers acquired 1,400 ordinary shares on 3 November 2026
  • Transaction price: £4.145 per share; total consideration: £5,803; executed on the London Stock Exchange
  • Investors may watch for any further PDMR transactions or updates to the board's aggregate shareholding positions

Ivan Rogers Purchases FEV Shares at £4.145 on London Stock Exchange

The company announcement confirms that Ivan Rogers, serving as a Non-Executive Director of Fidelity European Trust PLC, acquired 1,400 ordinary shares at a price of £4.145 each on 3 November 2026. The shares carry the ISIN identification code GB00BK1PKQ95, and the transaction was executed on the London Stock Exchange under the trading venue code XLON. The total value of the acquisition amounted to £5,803. The notification is classified as an initial disclosure rather than an amendment to a prior filing, and was formally notified to the company on 3 November 2026.

What PDMR Disclosure Rules Require Fidelity European Trust to Report

Under UK market abuse regulations, persons discharging managerial responsibilities — including non-executive directors — and their closely associated persons are required to notify the company of transactions in its securities once a defined annual threshold is reached. The announcement identifies Ivan Rogers as the relevant PDMR and states this is an initial notification. Fidelity European Trust PLC holds the Legal Entity Identifier 549300UC0QPP7Y0W8056. Such disclosures are intended to provide transparency to the market and to other shareholders regarding transactions undertaken by those with access to inside information.

Fidelity European Trust's Investment Focus and Structure as Context for the Disclosure

Fidelity European Trust PLC is a closed-ended investment trust that seeks long-term capital growth through investment in a diversified portfolio of European equities. The trust is managed by Fidelity International and is listed on the London Stock Exchange. As an investment trust, its shares trade at prices that may reflect a premium or discount to the underlying net asset value of its portfolio. Director share purchases of this nature are sometimes interpreted by market observers as a signal of confidence, though the relatively modest scale of this transaction means investors should consider it within the broader context of the trust's portfolio activity and strategy.