DIRECTOR’S DEALS: Serco chief Rupert Soames buys £128400 of shares in the outsourcing firm

City Finance Reporter for the Daily Mail

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Rupert Soames, boss of Serco, has bought 120,000 shares in the outsourcing firm for 107p each.

The 57-year-old married father of three, a grandson of Sir Winston Churchill and brother of Tory MP Sir Nicholas Soames, bought the shares at the end of last week. 

The outlay of £128,400 has already paid off with the shares at 112p last night – valuing the ones he bought at £134,400. 

Soames, the former chief executive of power hire group Aggreko, took over at Serco in 2014 and has a basic annual salary of £850,000. 

He earned a total of £2.2m last year.

 


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Article source: http://www.thisismoney.co.uk/money/markets/article-3628044/DIRECTOR-S-DEALS-Serco-chief-Rupert-Soames-buys-128-400-shares-outsourcing-firm.html

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