Weir Group (WEIR)

Sector:

Engineering

Index:

FTSE 100

1,819.50p
   
  • Change Today:
    -7.00p
  • 52 Week High: 1,897.00
  • 52 Week Low: 1,328.50
  • Currency: UK Pounds
  • Shares Issued: 259.61m
  • Volume: 25,250
  • Market Cap: £4,723.64m
  • RiskGrade: 162

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.

 

Weir Group Market Data

Currency UK Pounds
Share Price 1,819.50p
Change Today -7.00p
% Change -0.38 %
52 Week High 1,897.00
52 Week Low 1,328.50
Volume 25,250
Shares Issued 259.61m
Market Cap £4,723.64m
RiskGrade 162

Weir Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.1% below the market average31.1% below the market average31.1% below the market average31.1% below the market average31.1% below the market average
39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average
Price Trend
53.84% above the market average53.84% above the market average53.84% above the market average53.84% above the market average53.84% above the market average
25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average
Income
56.97% below the market average56.97% below the market average56.97% below the market average56.97% below the market average56.97% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Growth
81.13% below the market average81.13% below the market average81.13% below the market average81.13% below the market average81.13% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 5
Buy 6
Neutral 3
Sell 2
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Weir Group Dividends

  Latest Previous
  Interim Final
Ex-Div 06-Oct-22 21-Apr-22
Paid 04-Nov-22 06-Jun-22
Amount 13.50p 12.30p

Trades for 03-Feb-2023

Time Volume / Share Price
09:19 77 @ 1,819.50p
09:19 58 @ 1,819.00p
09:19 144 @ 1,819.00p
09:16 143 @ 1,818.00p
09:13 9 @ 1,817.00p

Weir Group Key Personnel

CEO Jon Stanton
CFO John Heasley

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