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
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
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Will the Bitcoin price hit $100,000?
With Bitcoin prices trading just below $100,000, we explore whether the cryptocurrency can hit the milestone.
By Dan McEvoy Published
-
Inheritance tax receipts jump 11% even before Autumn Budget overhaul
Official figures show inheritance tax receipts are rising even before the chancellor’s changes to reliefs
By Marc Shoffman Published