DIRECTOR’S DEALS: Incoming Ultra Electronics boss Simon Pryce snaps  up more than £80,000 of shares


City & Finance Reporter for the Daily Mail

The  soon-to-be boss snapped up more than £80,000 of shares as defence and tech firm Ultra Electronics faces a corruption probe.

Simon Pryce bought 6,300 shares at 1273p each after the Serious Fraud Office announced a probe into its business conduct in Algeria.

Shares fell more than 4.6 per cent on Thursday, but recovered much of that fall yesterday. 

Pryce, a non-executive director of distribution firm Electrocomponents, becomes chief executive of Ultra in June.

 

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