Data as of 5 Nov 2026

COMPANY RESEARCH

GRESHAM HOUSE INCOME & GROWTH VCT PLC

GHV1.L · United Kingdom · Closed-End Funds · Asset Management

Insider Signal

Snapshot: 05 Nov 2026 · 180-day research window

Data quality pass

Insider Signal: 57.7 / 100
Reported buyers: 2
Net purchases: 3.2k EUR
Latest disclosure: 2026-10-30

What stands out

2 reported buyers participated in qualifying purchases during the last 180 days.
JUSTIN PAUL WARD accounts for 53% of comparable reported purchase value; buyer breadth and value are different measures.

Price vs insider buying

GHV1.L · GBp

● Purchase　× Sale　◇ Public disclosure　▥ 15-day cluster ·

Circles and crosses mark trade dates; diamonds below the axis mark later public disclosures. The trade became public on its disclosure date. Prices are nearest-session closes, not insider execution prices. Marker sizes are not compared when values or currencies differ.

BULL VS BEAR

Two readings of this buying

The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.

Since 2026-11-03: no longer on the bull side: bought in the last two weeks; new on the bear side: plan, dividend or pay wording, usual level for this company. All bull and bear lists, and what followed each line in the past →

Where the evidence comes from

The purchases themselves carry no bull line, and company results argue against (loss-making).

The insider purchases themselvesBearplan, dividend or pay wording, small purchases, usual level for this company3 checked, under the threshold · 2 missing
Share price and tradingBearthinly traded2 checked, under the threshold
Short sellers1 checked, under the threshold
Company resultsBearloss-making1 missing
Company actions1 checked, under the threshold

Bull case · the buying is informative

Every purchase line here follows a plan, a dividend or pay terms, so nothing held supports reading the buying as a decision.

Bear case · discount it

2 of 2 purchase lines are worded as dividend reinvestment or scrip, for example “PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME”. Purchases of that kind follow a schedule or an entitlement, not a decision made now.
Net purchases of €3,234 are <0.01% of the company's market value (€238.0M): a visible sum, a small one against the business.
Buying at this level is normal here: 4 insiders bought in the previous 180 days and 2 in this one.Record: after 2,827 earlier disclosures like this, the median 60-session excess return was −2.7%, within 1 percentage point of all comparable disclosures (−2.7%).
Company resultsThe company is loss-making on the latest captured figures: profit margin −110%, return on equity −1.3%.
Share price and tradingAbout €432 of the stock changes hands on an average day, below this site's €500k screening line. A position is hard to enter or leave at the quoted price.

Evidence still missing

No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
Only one reading of profitability is held (profit margin −110%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
The filings give the size of each trade, not what the buyer already held. Whether a purchase added 1% to a personal stake or doubled it is not known.

Checked and under the threshold: 7

BearThe largest buyer accounts for 53% of the value bought. Counted for the bear side from 80%.
Bear0 of 2 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
BearNo insider sale is recorded in the same 180 days.
BearThe share price changed −2.6% over six months (three months −2.6%, one month +<0.01%) and stands 12% below its 52-week high. Counted for the bear side from a fall of 20%.
BearOver three months the share price changed −2.6% and the median of 210 Closed-End Funds companies changed −1.1%: behind by 2 points. Counted for the bear side from 20 points behind.
BearThe register of FCA shows no published net short position in this company.
BullThe company announced no transaction in its own shares in the last 30 days.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Who is trading?

Named filings in 180 days. Purchase values are summed only when complete and in one currency.

Role Activity

Insider

Transaction activity

Purchase value

Latest trade

Details

JUSTIN PAUL WARDBoard member

1 buy · 0 sell

1.4k GBP

2026-10-30

View transactions · 1

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-10-30	2026-10-30	PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME	2446	0.5792	GBP		Source ↗

ELIZABETH ANN WARDBoard member

1 buy · 0 sell

1.3k GBP

2026-10-30

View transactions · 1

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-10-30	2026-10-30	PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME	2211	0.5792	GBP		Source ↗

INSIDER SIGNAL

Score breakdown：57.7 / 100

2 insiders · 2 purchase events · €3k net purchases

Europe #344 · United Kingdom #91

WHY THIS SIGNAL?

Score anatomy

Each bar is that part's points in the score; the five parts add up to the score.

Number of buyers+21.0 / 35

How many different insiders bought within 15 days

Amount bought+13.1 / 25

The value bought, net of any insider sales

Buyers' roles+7.0 / 20

Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse

How recent+6.6 / 10

How long ago the latest purchase took place

Buying against selling+10.0 / 10

Lower when insiders also sold

What is holding the score back?

⚠ Few buyers · fewer than 4 different insiders
⚠ Buyers' roles add little · most senior buyer: Board member; the most senior score lowest
⚠ The latest purchase was some time ago

Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.

BUYING PROFILE

2 events · 2 insiders · 180d

Cluster 100%Repeat 0%Independent 0%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

53%

Largest buyer：JUSTIN PAUL WARD · 1k GBP
Purchases counted, before sales：3k GBP

The amount at the top of the page is purchases minus sales; this one counts purchases only, in the filing currency, so the two can differ. The score counts how many people bought; this shows separately who bought the most.

This is a ranking under the current European screening rules—not a probability of gain, return forecast, or buy recommendation.

Key purchase quotes (filing currency)

Filer	Price per unit	Trade date
JUSTIN PAUL WARD	0.5792 GBP	Oct 30, 2026
ELIZABETH ANN WARD	0.5792 GBP	Oct 30, 2026

Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count): 2 distinct reported filers
Peak time window: 2026-10-30 to 2026-10-30
Current breadth input: 0.600 (capped at 4+ buyers)
Buyer independence: Not yet measured; related-party fields are not cross-market comparable

What the filings show

🟢 Latest purchase counted
JUSTIN PAUL WARD · 1k GBP · Price 0.5792 GBP · Oct 30, 2026
🟢 Purchase by a manager or director
ELIZABETH ANN WARD · 1k GBP · Price 0.5792 GBP · Oct 30, 2026

Filing and data quality

These checks are auditable context; they do not change the rank or score.

Identity match: PASS · isin
Ticker / ISIN: Present
Filing source links: 6 / 6
Median disclosure lag: 0 days
Latest disclosure age: 6 days at snapshot
Corrections / revisions: 0
Score-factor detail: Saved

Insider timeline

2 insiders bought on the same day, 30 Oct: 2 Board member. The share closed at 55.50 that day and at 55.50 most recently (+0.0%). That week 200 companies across Europe disclosed insider purchases, an ordinary week (7 of the last 26).

Tap an item for what it means.

●A purchase: the bigger the dot, the more was bought

Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.

▮Purple band: several insiders bought within 15 days

The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 30 Oct, with 2 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.

Blue line: this share's price, −2.6% over these six months

The closing price of each day, from 57.00 on 2026-05-11 to 55.50 on 2026-11-04. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.

Dashed line: the typical stock on the same exchange, +2.9%

Taken from the 807 other stocks on the same exchange that this site holds prices for. Each is measured from the first day of the window, and every day the middle one is drawn. It starts where the blue line starts, so the gap between the two is the difference: this share −2.6%, the typical one +2.9%, 5.6 points behind. It is not an index and not a comparison within one industry.

▂Grey bars: companies across Europe disclosing purchases each week

A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 200 companies, number 7 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.

This company: insiders buying per month, last 12 months

Dec

Jan

Feb

Mar

4Apr

May

Jun

Jul

Aug

Sep

2Oct

Nov

Darker bars are inside the 180-day window above.

Who traded

Insider	Role	Purchases	Sales	Bought	First purchase	Share price since	Earlier purchases
ELIZABETH ANN WARD	Board member	1	—	1.3k GBP	2026-10-30	+0.0%	fewer than 5 completed
JUSTIN PAUL WARD	Board member	1	—	1.4k GBP	2026-10-30	+0.0%	fewer than 5 completed

Insiders' buying price vs the latest close

Insiders paid 0.6084 GBP a share on average (6 purchase lines, 4 buyers, 2026-04-01 – 2026-10-30). The close on 2026-11-04 was 8.8% below that price.

The latest purchase (2026-10-30) was at 0.5792 GBP; the close was 4.2% below that price.

Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.

Buying size vs market trading

37.47% · of estimated traded value in the same period

2026-10-08 – 2026-11-04 · 20 recorded trading sessions

Disclosed qualifying purchases: 2,697 GBP
Estimated market traded value: 7,198 GBP

Market-data coverage: 507 verified sessions · Latest session: 2026-11-04 · Ratio status: Available

Recent and largest purchase events / preceding 60-session ADTV

Oct 30 · ELIZABETH ANN WARD · SPOUSE OF NON-EXECUTIVE DIRECTOR
1,281 GBP · 5.34% · Contractual / planned arrangement
23,971 GBP ADTV
Oct 30 · JUSTIN PAUL WARD · NON-EXECUTIVE DIRECTOR
1,417 GBP · 5.91% · Contractual / planned arrangement
23,971 GBP ADTV

Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.

Sector context

Closed-End Funds

Buying breadth: 9.3% (20 / 215 issuers)
Sector rank: #4 / 12
7D breadth change: -0.9 pp · vs 2026-10-29 (7d)
30D breadth change: History building

This is sector-level research context. It does not affect the Insider Signal or ranking.

View Europe sector research →

Insider profile outcomes

Historical performance following insider filings. The company role is translated below each name while preserving the original title.

Excess return = stock return − FTSE 100 return over the same period.
Hit rate = completed events with positive excess return ÷ total completed events.
Price coverage = valid point-in-time prices ÷ events mature enough for that period.
Returns start on the first shared trading session on or after publication.
Small-sample rule: n<5 is shown for transparency and is not scored.

Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.

ELIZABETH ANN WARDSPOUSE OF NON-EXECUTIVE DIRECTOR2 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	2Small sample	100.0% (2/2)	50.0% (1/2)	-1.5%	-1.5%	-3.3%
20D	2Small sample	100.0% (2/2)	100.0% (2/2)	+1.9%	+1.9%	+0.7%
60D	2Small sample	100.0% (2/2)	0.0% (0/2)	-2.6%	-2.6%	-4.6%
120D	2Small sample	100.0% (2/2)	0.0% (0/2)	-8.2%	-8.2%	-13.7%

First purchase in 12M

1/3

Large purchase ≥ €100k

0/3

Cluster buying · 15D

3/3

Buying the dip · ≥20% below prior 52W high

0/3

Routine / opportunistic

Not classifiable

JUSTIN PAUL WARDNON-EXECUTIVE DIRECTOR2 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	2Small sample	100.0% (2/2)	50.0% (1/2)	-1.5%	-1.5%	-3.3%
20D	2Small sample	100.0% (2/2)	100.0% (2/2)	+1.9%	+1.9%	+0.7%
60D	2Small sample	100.0% (2/2)	0.0% (0/2)	-2.6%	-2.6%	-4.6%
120D	2Small sample	100.0% (2/2)	0.0% (0/2)	-8.2%	-8.2%	-13.7%

First purchase in 12M

1/3

Large purchase ≥ €100k

0/3

Cluster buying · 15D

3/3

Buying the dip · ≥20% below prior 52W high

0/3

Routine / opportunistic

Not classifiable

MAURICE HELFGOTTNON-EXECUTIVE DIRECTOR1 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	1Small sample	100.0% (1/1)	0.0% (0/1)	-2.3%	-2.3%	-2.3%
20D	1Small sample	100.0% (1/1)	100.0% (1/1)	+0.0%	+0.0%	+0.0%
60D	1Small sample	100.0% (1/1)	0.0% (0/1)	-1.3%	-1.3%	-1.3%
120D	1Small sample	100.0% (1/1)	0.0% (0/1)	-2.4%	-2.4%	-2.4%

First purchase in 12M

1/1

Large purchase ≥ €100k

0/1

Cluster buying · 15D

1/1

Buying the dip · ≥20% below prior 52W high

0/1

Routine / opportunistic

Not classifiable

Market context

PRICE PERFORMANCE

0.0%

-2.6%

12M

-9.8%

VOLATILITY & LIQUIDITY

Volatility: 13960.8%
Beta: 0.16
Avg daily volume: £22,456.4
20-session drawdown: -99.0%
60-session drawdown: -99.0%
Latest volume / prior median: —

VALUATION

Market cap: £198.5M
Market cap (EUR ref.): €238.0M
P/E: —

FUNDAMENTALS

Revenue: —
Net income: —
Operating profit: —
Equity: —
Cash: —
Debt: —
Operating cash flow: —
Free cash flow: —
Profit margin: -109.7%
ROE: -1.3%
Industry: Asset Management

Prices to 04 Nov 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 03 Nov 2026: Market cap, Profit margin, ROE, Beta, Industry. ECB EUR reference rate dated 2026-11-05; it is not a trade-date conversion. It does not affect the insider score or rank.

Dividends

Dividend yield: 8.6%at 55.50p
Last 12 months: 4.75pper share
Payout ratio: —loss-making
Latest ex-dividend: 2026-09-242.25p
Frequency: Twice a year
Dividend growth: -14.5%a year, 2022–2025
By year

By year

Year	Payments	Cash per share
2026 (so far)	2	4.75p
2025	2	5.00p
2024	2	6.00p
2023	2	11.00p
2022	2	8.00p

Yahoo Finance: cash dividends by ex-dividend date, the latest close, the payout ratio (dividends ÷ 12-month earnings per share) and announced dates; special dividends included, stock dividends and splits not. Not part of any score.

Disclosed net short positions

The FCA register, read 06 Nov 2026, publishes no aggregate net short position for this issuer.

Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.

Insiders and institutions

Insiders, ranking window: €3.2k net bought · buyers: 2 · last 2026-10-30

Short sellers

Nothing at or above the publication threshold is on the FCA register (read 2026-11-06).

Source: FCA, read 2026-11-06. Where holders are named, only positions of 0.5% of issued capital or more are published, so these are lower bounds and a change is a change in what was published. Context only; not part of the score. All companies where insiders buy and short sellers hold positions →

Latest news

No news has been captured for this company.

Regulatory filings

Insider filing announcement · published 2026-10-30 · trade date 2026-10-30
Insider filing announcement · published 2026-04-10 · trade date 2026-04-10
Insider filing announcement · published 2026-04-01 · trade date 2026-04-01

Filing evidence

These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.

Excluded transactions & classification

6 qualifying purchase disclosure(s) · 6 transaction line(s)

Trade Oct 30, 2026PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME

JUSTIN PAUL WARD · NON-EXECUTIVE DIRECTOR

Published Oct 30, 2026 · ORDINARY SHARES OF 1.00p EACH GB00B29BN198 · 2446 shares × 0.5792 GBP · —

Open filing

Trade Oct 30, 2026PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME

ELIZABETH ANN WARD · SPOUSE OF NON-EXECUTIVE DIRECTOR

Published Oct 30, 2026 · ORDINARY SHARES OF 1.00p EACH GB00B29BN198 · 2211 shares × 0.5792 GBP · —

Open filing

Trade Apr 10, 2026PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME

JUSTIN PAUL WARD · NON-EXECUTIVE DIRECTOR

Published Apr 10, 2026 · ORDINARY SHARES OF 1.00p EACH GB00B29BN198 · 2533 shares × 0.5965 GBP · —

Open filing

Unfold all 3 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Source
2026-04-10	2026-04-10	ELIZABETH ANN WARD	SPOUSE OF NON-EXECUTIVE DIRECTOR	PURCHASE OF SHARES THROUGH DIVIDEND INVESTMENT SCHEME	ORDINARY SHARES OF 1.00p EACH GB00B29BN198	0.5965 GBP	GBP	2289	Open filing
2026-04-01	2026-04-01	NEMONE WYNN-EVANS	NON-EXECUTIVE DIRECTOR	PURCHASE OF SHARES UNDER THE PROSPECTUS FOR OFFERS FOR SUBSCRIPTION ISSSUED FEBRUARY 2026	ORDINARY SHARES OF 1 PENCE EACH GB00B29BN198	0.6118 GBP	GBP	16345	Open filing
2026-04-01	2026-04-01	MAURICE HELFGOTT	NON-EXECUTIVE DIRECTOR	PURCHASE OF SHARES UNDER THE PROSPECTUS FOR OFFERS FOR SUBSCRIPTION ISSSUED FEBRUARY 2026	ORDINARY SHARES OF 1 PENCE EACH GB00B29BN198	0.6118 GBP	GBP	40863	Open filing

Showing 6 of 6 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level € aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Other disclosed transactions · excluded from score

The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.

Follow new disclosures

Subscribe to new Europe disclosures. These are market-wide RSS feeds, not company-specific alerts.

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Model & Sources

Signal history

57.7 / 100

Latest recorded score

↑ +6.5 ptsversus the comparable snapshot on 2026-10-06 (30 calendar days apart)

Recorded snapshots: 30
First snapshot: 2026-08-26

Only scores captured when the scoring run completed are compared. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.

Why did it change?

Decomposition across the five score factors between comparable snapshots; historical scores are not recalculated.

Amount bought-0.1 pts
How recent+6.6 pts

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

Recent recorded points

Aug 26, 202669.3
Sep 4, 202669.3
Sep 23, 202669.3
Oct 3, 202651.2
Nov 5, 202657.7

View all recorded scores

Snapshot date	Signal score
2026-08-26	69.3
2026-08-27	69.3
2026-08-28	69.3
2026-08-31	69.3
2026-09-01	69.3
2026-09-02	69.3
2026-09-03	69.3
2026-09-04	69.3
2026-09-07	69.3
2026-09-08	69.3
2026-09-09	69.3
2026-09-10	69.3
2026-09-11	69.3
2026-09-14	69.3
2026-09-23	69.3
2026-09-24	69.3
2026-09-25	69.3
2026-09-28	69.3
2026-09-29	51.2
2026-09-30	51.2
2026-10-01	51.2
2026-10-02	51.2
2026-10-03	51.2
2026-10-04	51.2
2026-10-05	51.2
2026-10-06	51.2
2026-10-07	51.2
2026-11-03	59.2
2026-11-04	58.2
2026-11-05	57.7

Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

Factor	Weight	This company input	Point contribution
15-day buyer breadth (count)	35%	0.600	21.0
Qualified-buy size	25%	0.524	13.1
Role informativeness (inverted)	20%	0.350	7.0
Recency	10%	0.660	6.6
Buy/sell conviction	10%	1.000	10.0

This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.

Snapshot & identity

Snapshot date: 2026-11-05
Ticker: GHV1.L
ISIN: GB00B29BN198
Sector: Closed-End Funds
Industry: Asset Management

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