His wife Judith is also taking a six-figure flutter on her husband's business prowess.
Greg Fitzgerald, unveiled as the new chief executive of Bovis Homes on 5th April 2017, has bought 134,369 shares at a price of 926p each, making a stake of 拢1,243,730.17.
Judith Fitzgerald has invested 拢145,590 on 15,825 Bovis shares.
On his appointment, Mr Fitzgerald said that "Bovis has a great brand, excellent people and a high quality land bank".
Bovis is paying Mr Fitzgerald a basic salary of 拢650,000 a year, with the opportunity for him to double that with bonuses. His remuneration package also includes up to 拢650,000 in shares to compensate for having to relinquish investments at his former employer Galliford Try to take up the Bovis job. It is not clear whether his 拢1.2m position in Bovis Homes includes those shares that are part of his welcome package, or whether that will be a separate transaction.
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