PURE.L Share News (PURE)

Ian Davis, the soon-to-be Chairman of Rolls Royce, has purchased his first shares in the company since being appointed to the board at the beginning of March. Davis, who has served on the boards of BP, Johnson & Johnson and McKinsey & Company, bought 5,000 shares at 1,110p at a total cost of £55,500. Davis will take the place of Simon Robertson, who held the role of Chairman for eight years. In a statement released mid February, Davis said: "I am looking forward greatly to joining Rolls-Royce. Sir Simon has led the board with distinction during the past eight years. I am extremely excited by the prospect of building on the firm foundations that have been laid." Rolls-Royce's share price has risen over 34% during the past year, equal to 281.50p. Top Director BuysMcbride (MCB) Director name: Mr Steve HannamAmount purchased: 120,000 @ 116.98p Value: £140,376RSA Insurance Group (RSA) Director name: Mr Simon LeeAmount purchased: 64,760 @ 116.94p Value: £75,730Rolls-Royce Holdings (RR.) Director name: Mr Ian Davis Amount purchased: 5,000 @ 1,110.00p Value: £55,500PureCircle Ltd. (DI) (PURE) Director name: Mr John SlosarAmount purchased: 20,000 @ 254.00p Value: £50,800RSA Insurance Group (RSA) Director name: Mr Richard HoughtonAmount purchased: 34,336 @ 116.94p Value: £40,153RSA Insurance Group (RSA) Director name: Mr Adrian BrownAmount purchased: 33,225 @ 116.94p Value: £38,853Balfour Beatty (BBY) Director name: Mr Iain FergusonAmount purchased: 10,000 @ 244.00p Value: £24,400Cable & Wireless Communications (CWC) Director name: Mr Mark HamlinAmount purchased: 33,000 @ 40.97p Value: £13,520Top Director SellsPlanet Payment Inc. (PPT) Director name: Mr Philip BeckAmount sold: 30,995 @ 198.07p Value: £61,392NR