Rolls-Royce Directors Increase Shareholdings
Why we think this is neutral
This RNS is a routine regulatory announcement regarding director/PDMR share purchases, which does not contain any information that would significantly impact Rolls-Royce's prospects or valuation. The insider purchases and positive broker views are modestly positive signals, but without any accompanying financial or operational updates, the overall impact is likely to be limited.
Key Points
- Non-Executive Directors Wendy Mars and Birgit Behrendt purchased 303 and 182 shares respectively
- Chief Financial Officer Helen McCabe purchased 25 shares
- All transactions were made at an average price of £6.02533 per share
Summary
The aerospace company announced purchases of its shares by three senior executives, suggesting confidence in the firm's outlook.
Rolls-Royce Holdings plc announced that three senior executives, including the Chief Financial Officer and two Non-Executive Directors, purchased ordinary shares in the company. The transactions were made through the company's share purchase plans. No other material business updates were provided.
DIRECTOR DEALINGS