David Thorpe, a non non-executive director of Interserve, has spent nearly £25,000 buying a stake in the building maintenance group.
Thorpe bought 12,793 shares for 194.40p each in his first purchase of shares in the group after becoming a non-exec in January this year.
Yesterday the group said it has won three contracts in the Middle East worth £50m in aggregate.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Two of the contracts are for engineering and fabrication projects in Qatar while the third is for a construction project in Dubai.
Top Director Buys
Value: £26,789
Value: £24,870
Value: £24,650
Top Director Sells
Value: £271,311
Value: £129,867
Value: £22,334
-
House prices rise 2.9% – will the recovery continue?House prices grew by 2.9% on an annual basis in September. Will Budget policies and ‘higher-for-longer’ rates dent the recovery?
-
Nvidia earnings: what to expectNvidia announces earnings after market close on 20 November. What should investors expect from the semiconductor giant?
