Serco Group (SRP)

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189.70p
   
  • Change Today:
      0.50p
  • 52 Week High: 190.90
  • 52 Week Low: 136.90
  • Currency: UK Pounds
  • Shares Issued: 1,097.55m
  • Volume: 2,004,797
  • Market Cap: £2,082.05m
  • RiskGrade: 174

Director dealings: Serco's Soames offloads £3m of his shareholding

By Josh White

Date: Wednesday 09 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Outsourcing giant Serco disclosed a sale worth more than £3m on Wednesday, made by its outgoing chairman Rupert Soames.
The company said Soames sold 1,885,000 shares on Monday, in a single transaction on the London Stock Exchange.

He netted 162.07p for each share, valuing the sale at £3,053,490.99.

In its announcement of Soames' impending retirement on 12 September, Serco said the chairman would be reducing his holdings in the company as he prepared for retirement.

It further stated he would retain interests "well in excess" of that required by the directors remuneration policy for at least the next three years.

In its latest annual report, Serco said Rupert Soames had total share interests as at 31 December of 10,631,281 shares.

Elsewhere, Weir Group reported a share purchase made by its chair, valued at almost £35k.

The firm said Barbara Jeremiah bought 2,000 of its shares on Tuesday in a single open market transaction in London.

Jeremiah paid 1,737.32p for each share, giving the purchase a gross value of £34,746.40.

At 1455 GMT, shares in Serco Group were down 3.11% at 162.1p, while those in the Weir Group were off 0.75% at 1,731p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Lbg Media (LBG)
Director name: Solomou,Alexander William
Amount purchased: 900,000 @ 51.00p
Value: £458,999.99

Brooks Macdonald Group (BRK)
Director name: Thorpe,Ben
Amount purchased: 14,290 @ 1,805.30p
Value: £257,977.36

Smiths Group (SMIN)
Director name: Howes,Richard
Amount purchased: 3,102 @ 1,599.50p
Value: £49,616.34

Robert Walters (RWA)
Director name: Van de Walle,Leslie
Amount purchased: 8,000 @ 530.40p
Value: £42,432.00

Weir Group (WEIR)
Director name: Jeremiah ,Barbara
Amount purchased: 2,000 @ 1,737.32p
Value: £34,746.40

Bankers Inv Trust (BNKR)
Director name: Miller,Simon Edward Callum
Amount purchased: 20,000 @ 98.00p
Value: £19,600.00

Oracle Power (ORCP)
Director name: Memon,Naheed
Amount purchased: 405,296 @ 0.30p
Value: £1,215.89

Oracle Power (ORCP)
Director name: Migge,Andreas
Amount purchased: 81,059 @ 0.30p
Value: £243.18

Nexus Infrastructure (NEXS)
Director name: Martin,Alan
Amount purchased: 151 @ 132.98p
Value: £200.80

Oracle Power (ORCP)
Director name: Hutchins ,David (Sam)
Amount purchased: 61,605 @ 0.30p
Value: £184.82

Avon Protection (AVON)
Director name: Ingrey-Counter,Miles
Amount purchased: 14 @ 1,095.00p
Value: £153.30

Imi (IMI)
Director name: Twite,Roy
Amount purchased: 11 @ 1,348.00p
Value: £148.28

Softcat (SCT)
Director name: Charlton,Graham
Amount purchased: 12 @ 1,213.00p
Value: £145.56

Softcat (SCT)
Director name: Watt,Graeme
Amount purchased: 12 @ 1,213.00p
Value: £145.56

Oracle Power (ORCP)
Director name: Steed,Mark
Amount purchased: 46,204 @ 0.30p
Value: £138.61

Imi (IMI)
Director name: Shook ,Daniel
Amount purchased: 9 @ 1,348.00p
Value: £121.32



Top Director Sells

Serco Group (SRP)
Director name: Soames,Rupert
Amount sold: 1,885,000 @ 162.07p
Value: £3,055,019.50

Brooks Macdonald Group (BRK)
Director name: Thorpe,Ben
Amount sold: 14,290 @ 1,805.00p
Value: £257,934.49

Brooks Macdonald Group (BRK)
Director name: Thorpe,Ben
Amount sold: 2,531 @ 1,917.28p
Value: £48,526.41

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Serco Market Data

Currency UK Pounds
Share Price 189.70p
Change Today 0.50p
% Change 0.26 %
52 Week High 190.90
52 Week Low 136.90
Volume 2,004,797
Shares Issued 1,097.55m
Market Cap £2,082.05m
RiskGrade 174

Serco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.74% below the market average74.74% below the market average74.74% below the market average74.74% below the market average74.74% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
86.29% above the market average86.29% above the market average86.29% above the market average86.29% above the market average86.29% above the market average
52.48% above the sector average52.48% above the sector average52.48% above the sector average52.48% above the sector average52.48% above the sector average
Income
54.85% below the market average54.85% below the market average54.85% below the market average54.85% below the market average54.85% below the market average
44.62% below the sector average44.62% below the sector average44.62% below the sector average44.62% below the sector average44.62% below the sector average
Growth
18.78% below the market average18.78% below the market average18.78% below the market average18.78% below the market average18.78% below the market average
38% below the sector average38% below the sector average38% below the sector average38% below the sector average38% below the sector average

What The Brokers Say

Strong Buy 6
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Serco Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 07-Sep-23
Paid 10-May-24 06-Oct-23
Amount 2.27p 1.14p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 1,494,397 @ 189.70p
16:35 335 @ 189.70p
16:35 3,162 @ 189.70p
16:35 12 @ 189.70p
16:35 6,772 @ 189.70p

Serco Key Personnel

CEO Mark Irwin

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