Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Outgoing Serco CEO lowers stake

(Sharecast News) - Serco revealed on Monday that outgoing chief executive Rupert Soames had disposed of 1.88m ordinary shares in the FTSE 250-listed contractor. Soames, who will retire from the group in September 2023, sold the shares on Thursday at an average price of 169.64p each, for a total value of £3.19m.

The sale comes shortly after Soames disposed of another 1.88m on 9 November.

As of 1615 GMT, Serco shares were down 0.35% at 169.90p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Centralnic Group (CNIC) Director name: Royde ,Max Amount purchased: 483,000 @ 126.22p Value: £609,642.60

Centralnic Group (CNIC) Director name: Royde ,Max Amount purchased: 402,734 @ 116.50p Value: £469,185.09

Centralnic Group (CNIC) Director name: Royde ,Max Amount purchased: 350,000 @ 130.00p Value: £454,999.98

Centralnic Group (CNIC) Director name: Royde ,Max Amount purchased: 152,568 @ 128.40p Value: £195,894.26

Centralnic Group (CNIC) Director name: Royde ,Max Amount purchased: 141,775 @ 117.30p Value: £166,304.91

Alien Metals Limited Npv (di) (UFO) Director name: McIllree ,Roderick Amount purchased: 51,333,332 @ 0.30p Value: £154,000.00

Hiscox Limited (di) (HSX) Director name: Hussain,Hamayou Akbar Amount purchased: 10,000 @ 1,004.00p Value: £100,400.00

Londonmetric Property (LMP) Director name: Elliott,Alistair Amount purchased: 10,000 @ 181.00p Value: £18,100.00

Macfarlane Group (MACF) Director name: Whyte,Laura Amount purchased: 9,200 @ 106.00p Value: £9,752.00

Asia Dragon Trust (DGN) Director name: Noble,Susan Sternglass Amount purchased: 2,500 @ 389.30p Value: £9,732.38

Londonmetric Property (LMP) Director name: Avery,Suzanne Amount purchased: 4,300 @ 181.00p Value: £7,783.00

Alien Metals Limited Npv (di) (UFO) Director name: Smith,Daniel Amount purchased: 2,500,000 @ 0.30p Value: £7,500.00

Alien Metals Limited Npv (di) (UFO) Director name: Culbert,Mark Amount purchased: 1,666,666 @ 0.30p Value: £5,000.00

Trakm8 Holdings (TRAK) Director name: Watkins,John Ferris Amount purchased: 831 @ 14.90p Value: £123.82

Top Director Sells

Serco Group (SRP) Director name: Soames,Rupert Amount sold: 1,885,000 @ 169.64p Value: £3,197,736.56

Reach (RCH) Director name: Fuller,Simon Amount sold: 47,185 @ 117.50p Value: £55,442.37

Trakm8 Holdings (TRAK) Director name: Watkins,John Ferris Amount sold: 831 @ 14.10p Value: £117.17

Share this article

Related Sharecast Articles

Director dealings: Mpac's Clive Whiley raises stake
(Sharecast News) - Mpac revealed on Tuesday that senior independent director Clive Whiley had acquired 25,000 ordinary shares in the AIM-listed packaging automation firm.
Director dealings: Capital non-executive director snaps up shares
(Sharecast News) - Capital revealed on Monday that non-executive director Anu Dhir had acquired 51,400 ordinary shares in the London-listed mining services firm.
Director dealings: British Land non-executive directors snap up shares
(Sharecast News) - British Land revealed on Friday that non-executive directors Raj Shah and Amanda Mackenzie had both raised their respecitve stakes in the FTSE 100-listed property development and investment company.
Director dealings: Pantheon Resources chairman significantly raises stake
(Sharecast News) - Pantheon Resources revealed on Thursday that non-executive chairman Michael Spencer had five million ordinary shares in the AIM-listed oil and gas exploration and development firm.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.