27th Nov 2015 09:56
LONDON (Alliance News) - Engineer Rolls-Royce Holdings PLC on Friday said Senior Independent Director Lewis Booth bought shares in the company on Wednesday.
Booth bought 20,000 shares at 613.00 pence per share, raising his total holding to 60,000 shares.
The share purchase took place the same day that Kevin Smith, a non-executive director who has just joined the jet engine maker, bought his first shares in the company.
Both came the day after Rolls-Royce had outlined its plans to cut its cost base and simplify its operations following a torrid period of profit warnings caused by multiple market headwinds.
Shares in Rolls-Royce were up 1.5% to 610.59p on Friday, one of the best performers in the FTSE 100.
By Sam Unsted; [email protected]; @SamUAtAlliance
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