Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Director dealings: Serco, Capita chiefs vest options; Strix non-exec invests
(Sharecast News) - Two outsourcing giants found themselves on the list of director sells on Wednesday, after their CEOs covered their costs and tax bills after exercising share options. Serco disclosed that chief executive officer Rupert Soames received 248,887 shares under its 2018 bonus plan.
It said 117,606 of those shares were then sold at 150.09p each, netting Soames £176,514.02 to cover the costs of his share bonus.
Capita, meanwhile, said its chief executive Jonathan Lewis exercised nil-cost options over 1,183,666 shares, granted under its long-term investment plan.
Lewis then sold 572,264 of the shares for 20.81p apiece, giving him £119,102.44 to cover his tax and national insurance liabilities.
On the buying side of things, kettle safety technology firm Strix Group disclosed that one of its non-executive directors had bought just under £25k worth of its shares.
The company said Mark Kirkland bought 11,425 shares at a price of 217.58p each, spending a total of £24,858.52 in the process.
Following the purchases, Strix said Kirkland was beneficially interested in a total of 20,135 of its shares.
Top Director Buys
Bmo Private Equity Trust (BPET) Director name: Burnet,Tom Amount purchased: 12,800 @ 460.00p Value: £58,880.00
Gcp Infrastructure Investments Ltd (GCP) Director name: Crichard,Dawn Amount purchased: 21,003 @ 119.02p Value: £24,998.57
Strix Group (KETL) Director name: Kirkland,Mark Adrian Amount purchased: 11,425 @ 217.58p Value: £24,858.52
Bmo Private Equity Trust (BPET) Director name: Burnet,Tom Amount purchased: 4,200 @ 462.00p Value: £19,404.00
Bmo Private Equity Trust (BPET) Director name: Burnet,Tom Amount purchased: 4,200 @ 460.00p Value: £19,320.00
Iwg (IWG) Director name: Pauly,Francois Amount purchased: 5,000 @ 235.00p Value: £11,750.00
Top Director Sells
Serco Group (SRP) Director name: Soames,Rupert Amount sold: 117,606 @ 150.09p Value: £176,514.02
Capita (CPI) Director name: Lewis,Jonathan (Jon) Amount sold: 572,264 @ 20.81p Value: £119,102.44
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
