Rolls-Royce director increases shareholdings

Aug 02, 2012

Share with
friends:

Comments (0) Print this article

Lewis Booth, a non-Executive Director of Rolls-Royce, has purchased 7,500 shares of the firm´s stock just one week after the company saw underlying earnings come in ahead of forecasts for the first half.

Booth, who was appointed to his role in May last year, bought the shares at 875.50p each for a total of £65,662. He now holds 12,500 shares in Rolls Royce.

Underlying profit before tax rose by 7.0% from £595m to £637m,in the six months to June 30th, reflecting revenue growth, revenue mix, unit cost reduction and the contribution of Tognum. Analysts at Jefferies were expecting a figure closer to £608m.

Underlying revenue increased by 5.0% from £5.46bn to £5.76bn, helped by 5.0% growth in underlying OE revenue (£2.72bn) and 6.0% growth in underlying services revenue (£3.04bn).

The share price has risen 33% in the past year, but was down 2.31% to 844p on the day the purchase was announced.

Top Director Buys

TVC Holdings (TVCH)

Director name: Mr Shane Reihill

Amount purchased: 1,350,000 @ 60.20p

Value: £812,700

F&C Asset Management (FCAM)

Director name: Mr Edward Bramson

Amount purchased: 100,000 @ 87.00p

Value: £87,000

Rolls-Royce Holdings (RR.)

Director name: Mr Lewis Booth

Amount purchased: 7,500 @ 875.50p

Value: £65,662

StatPro Group (SOG)

Director name: Mr Justin Wheatley

Amount purchased: 27,000 @ 91.50p

Value: £24,705

CML Microsystems (CML)

Director name: Mr Ronald J Shashoua

Amount purchased: 5,230 @ 304.00p

Value: £15,899

CML Microsystems (CML)

Director name: Mr Ronald J Shashoua

Amount purchased: 5,000 @ 290.00p

Value: £14,500

Top Director Sells

CML Microsystems (CML)

Director name: Mr Nigel G Clark

Amount sold: 58,140 @ 300.00p

Value: £174,420

Rathbone Brothers (RAT)

Director name: Mr Richard Loader

Amount sold: 5,000 @ 1,290.00p

Value: £64,500

Imperial Tobacco Group (IMT)

Director name: Mr Robert Dyrbus

Amount sold: 437 @ 2,491.96p

Value: £10,890

NR

Comments (0)

Share with
friends:

Related articles

Leave a comment

This will be the name displayed with your comment.

This helps us verify comments are genuine. It will not be displayed anywhere on the site and is stored confidentially.

Please keep your comment within 1,000 characters and relevant to the main topic. We encourage healthy debate, but we don't allow insults or bad language. Anything off topic or unpleasant, we'll remove. Enjoy the conversation! Thank you.

captcha To prevent spam-related comments please enter the characters shown in the 'Captcha' box to the left.

By leaving a comment you accept our terms and conditions.


FREE - MoneyWeek's daily investment emailJohn Stepek

Our free daily email, Money Morning, is an informative and enjoyable analysis of what's going on in the markets. Written by our Editor, John Stepek, and guest contributors.
Sign up FREE to Money Morning here.

>