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42.50 0.60 (1.50%)

Bid:

40.00

Ask:

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Spread: 5.00 (12.50%)

Market Cap: £10.20m

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DIRECTOR DEALINGS: Rolls-Royce director buys after strategy update

Wed, 29th Nov 2023 15:49

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

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Rolls-Royce Holdings PLC - London-based jet engine maker - Non-Executive Director Stuart Bradie buys 95,437 shares at GBP2.60, worth GBP248,136, on Wednesday. The purchases come after Rolls-Royce on Tuesday said it plans to exit Rolls-Royce Electric in the short run or reduce its position to a minority stake, as it laid out new medium-term targets. Rolls-Royce Electric is trying to make electric power and propulsion systems for greener aeroplanes.

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AO World PLC - Bolton, England-based online electricals retailer - Non-Executive Director Chris Hopkinson buys 305,036 shares via Hopkinson Consultants Pension Scheme at 85 pence, worth GBP259,281, on Friday last week.

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ASA International Group PLC - microfinance provider for entrepreneurs, primarily women, in South Asia, South East Asia, West and East Africa - Chief Executive Officer Karin Kersten buys 110,000 shares on Monday and Tuesday at 42.02p and 46.64p, respectively, worth GBP49,660 in total.

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DSW Capital PLC - Warrington, England-based professional services firm trading under Dow Schofield Watts brand - Chief Executive James Dow buys 148,000 shares at 53p, worth GBP78,440, on Tuesday. Now has 3.5 million shares, a 16% stake.

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Bytes Technology Group PLC - Surrey, England-based computer software - Non-Executive Chair Patrick De Smedt buys 10,000 shares in London at 549.66p, worth GBP54,966, on Tuesday.

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By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com