18th Dec 2015 11:24
LONDON (Alliance News) - Power systems developer Rolls-Royce Holdings PLC Friday said Chief Executive Officer Warren East bought 17,300 shares at a price of 577.1846 pence per share on Thursday.
Following the GBP99,853 transaction, East holds 24,990 shares.
Rolls-Royce on Wednesday said it will ditch its two-division structure in the new year and move to a model of five market-facing businesses, part of the wider restructuring programme the group is enacting.
The stock was up 0.4% at 576.00p Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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