23rd Jan 2014 12:20
LONDON (Alliance News) - Rolls-Royce Holdings PLC Thursday said James Guyette, a divisional president, and Human Resources Director Kath Durrant, had conducted share transactions as a result of recent C share awards.
The details of the C share programme are:
· the allotment to all ordinary shareholders of 86 C Shares, for every ordinary share held, on 2nd January 2014;
· the redemption of C Shares for 0.1 pence each on 6th January 2014; and
· the reinvestment of the proceeds of that redemption into further ordinary shares by operation of the C Share Reinvestment Plan (CRIP).
Details for the named executives are as follows.
| No. of C Shares allotted | No. of C Shares redeemed | No. of Ordinary shares purchased by the CRIP | Total no. of shares carried forward | |
| 2 January 2014 | 6 January 2014 | 7 January 2014 | Ordinary | C Shares |
James Guyette | 33,878,582 | 33,878,582 | 2,969 | 396,546 | - |
Kath Durrant | 43,688 | - | - | 6,508 | 196,596 |
The CRIP purchase was done at an average price of 1287.3621 pence per share January 7.
Shares in the engineering company were trading down 1.5% at 1,215.00 pence Thursday morning.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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