LONDON (ShareCast) - Lewis Booth, a non-Executive Director of Rolls-Royce, has purchased 7,500 shares of the firm´s stock just one week after the company saw underlying earnings come in ahead of forecasts for the first half.

Booth, who was appointed to his role in May last year, bought the shares at 875.50p each for a total of £65,662. He now holds 12,500 shares in Rolls Royce.

Underlying profit before tax rose by 7.0% from £595m to £637m,in the six months to June 30th, reflecting revenue growth, revenue mix, unit cost reduction and the contribution of Tognum. Analysts at Jefferies were expecting a figure closer to £608m.

Underlying revenue increased by 5.0% from £5.46bn to £5.76bn, helped by 5.0% growth in underlying OE revenue (£2.72bn) and 6.0% growth in underlying services revenue (£3.04bn).

The share price has risen 33% in the past year, but was down 2.31% to 844p on the day the purchase was announced.


Top Director Buys

TVC Holdings (TVCH)
Director name: Mr Shane Reihill
Amount purchased: 1,350,000 @ 60.20p
Value: £812,700

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 100,000 @ 87.00p
Value: £87,000

Rolls-Royce Holdings (RR.)
Director name: Mr Lewis Booth
Amount purchased: 7,500 @ 875.50p
Value: £65,662

StatPro Group (SOG)
Director name: Mr Justin Wheatley
Amount purchased: 27,000 @ 91.50p
Value: £24,705

CML Microsystems (CML)
Director name: Mr Ronald J Shashoua
Amount purchased: 5,230 @ 304.00p
Value: £15,899

CML Microsystems (CML)
Director name: Mr Ronald J Shashoua
Amount purchased: 5,000 @ 290.00p
Value: £14,500


Top Director Sells

CML Microsystems (CML)
Director name: Mr Nigel G Clark
Amount sold: 58,140 @ 300.00p
Value: £174,420

Rathbone Brothers (RAT)
Director name: Mr Richard Loader
Amount sold: 5,000 @ 1,290.00p
Value: £64,500

Imperial Tobacco Group (IMT)
Director name: Mr Robert Dyrbus
Amount sold: 437 @ 2,491.96p
Value: £10,890

NR

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