Rolls-Royce's engineering and technology director Colin Smith and his wife have raised more than £190,000 from a share disposal.

They sold a total of 32,000 shares at 599.5p each. They retain 175,176 shares in the aero-engineer.

Smith has held his current position since 2005, having joined Rolls-Royce as an apprentice in 1974. He subsequently graduated in mechanical engineering. He is chairman of the Rolls-Royce Heritage Trust.

Last week, Sir John Rose said he will retire as chief executive of Rolls-Royce next March after 14 years in the job. Non-executive director John Rishton, who currently runs Dutch retail group Royal Ahold, will take over. He had previously worked at British Airways and Ford.

Last month, Rolls-Royce won a $560m (£350m) order to provide engines for eight of German airline Lufthansa's planes. The Trent 700 engines will be used in Airbus A330 planes that operate under the Lufthansa and SWISS Airbus brands, following the German airline's takeover of Swiss International airlines.

The deal involves Rolls-Royce servicing the engines until 2012.


Top Director Buys

Romag Holdings (ROM)
Director name: Mr John M Kennair
Amount purchased: 950,000 @ 50.00p
Value: £475,000

Rolls-Royce (RR.)
Director name: Mr Collin Smith
Amount purchased: 32,000 @ 599.50p
Value: £191,840

Leaf Clean Energy (LEAF)
Director name: Mr Bran Keogh
Amount purchased: 250,000 @ 70.00p
Value: £175,000

Leaf Clean Energy (LEAF)
Director name: Mr Peter Tom
Amount purchased: 50,000 @ 70.00p
Value: £35,000

F&C Inv Trust (FRCL)
Director name: Mr Jeffrey Hewitt
Amount purchased: 8,885 @ 285.00p
Value: £25,322

Leaf Clean Energy (LEAF)
Director name: Mr Peter Michael O'Keefe
Amount purchased: 25,000 @ 74.00p
Value: £18,500

Zetar (ZTR)
Director name: Mr David Williams
Amount purchased: 5,734 @ 196.00p
Value: £11,239


Top Director Sells

Tesco (TSCO)
Director name: Mr Andrew Higginson
Amount sold: 217,825 @ 434.88p
Value: £947,277

Share Plc (SHRE)
Director name: Mr Iain Paul Wallace
Amount sold: 332,778 @ 28.00p
Value: £93,178

Related share prices
Rolls-Royce Holdings (RR.) share price
Tesco (TSCO) share price
Foreign and Colonial Inv Trust (FRCL) share price
Romag Holdings (ROM) share price
Zetar (ZTR) share price
Leaf Clean Energy Co (DI) (LEAF) share price
Share Plc (SHRE) share price