Rolls-Royce director buys shares as restructuring unveiled

Rolls-Royce’s senior independent director Lewis Booth bought 20,000 shares in the aerospace and engineering firm at 613.00p per share, lifting his total holding to 60,000 shares.

Earlier in the week, investors welcomed the company’s plans for a “major restructuring” as it unveiled the results of new chief executive Warren East’s operational review.

RR said the restructure will “simplify the organisation, streamline senior management, reduce fixed costs and add greater pace and accountability to decision making”.

Also on Friday, IGas Energy said its chief financial officer Julian Tedder has purchased his first shares in the company.

He bought 140,000 shares at 17.4p each.

Tedder is new to the role, which he took on at the end of September, having previously worked at Centrica and Tullow Oil.

Finally, G4S’s chief executive Ashley Almanza bought 50,000 shares in the outsourcer at 223.30p per share, bringing his holding to 150,000 shares.

Top director buys:

Rolls-Royce Holdings (RR.)

Director name: Mr Lewis Booth

Amount purchased: 20,000 @ 613.00p

Value: £122,600

G4S (GFS)

Director name: Mr Ashley Almanza

Amount purchased: 50,000 @ 223.30p

Value: £111,650

Record (REC)

Director name: Mrs Leslie Hill

Amount purchased: 229,437 @ 29.40p

Value: £67,454

IGas Energy (IGAS)

Director name: Mr Julian Tedder

Amount purchased: 140,000 @ 17.40p

Value: £24,360

Entu (UK) (ENTU)

Director name: Mr David Malcolm Forbes

Amount purchased: 40,000 @ 60.75p

Value: £24,300

Record (REC)

Director name: Mr James Wood-Collins

Amount purchased: 77,052 @ 29.40p

Value: £22,653

Aurora Investment Trust (ARR)

Director name: Lord Howard Flight

Amount purchased: 13,000 @ 155.00p

Value: £20,150

Record (REC)

Director name: Mr Steve Cullen

Amount purchased: 50,641 @ 29.40p

Value: £14,888

Anglo Pacific Group (APF)

Director name: Mr Julian Treger

Amount purchased: 20,000 @ 63.50p

Value: £12,700

Top Director Sells

Britvic (BVIC)

Director name: Mr John Gibney

Amount sold: 504,740 @ 710.00p

Value: £3,583,654