Rolls-Royce director raises £1m
A round-up of the biggest director deals today so far.
The boss of Rolls-Royce's US operations has sold nearly £1m worth of shares.
James Guyette has been on the board of the aerospace firm since 1998 and before that he was a vice president at United Airlines.
Guyette has sold 164,689 shares - just over one-third of his holding - at 605.55p a share, raising £997,000 in the process. He retains 324,231 shares.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
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
The disposal happened before the announcement of an order worth $390m from THAI Airways International for Trent 700 engines to power seven Airbus A330 aircraft.
Top Director Buys
Asian Citrus Holding (ACHL) Director name: Hon Peregrine D E M MoncreiffeAmount purchased: 50,000 @ 74.00p Value: £37,000
Biome Technologies (BIOM) Director name: Mr Michael KayserAmount purchased: 10,000,000 @ 0.12p Value: £12,000
Top Director Sells
Rolls-Royce Group (RR.) Director name: Mr James M GuyetteAmount sold: 164,689 @ 605.55p Value: £997,274
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
-
Regulator moves to protect access to cash amid branch closures and disappearing ATMs
News The Financial Conduct Authority has told banks to start assessing if local communities have adequate cash access from mid-September
By Marc Shoffman Published
-
VAT hike on private school fees could come earlier than previously expected
The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?
By Katie Williams Published