Director dealings: Diageo chairman ups stake
Diageo chairman Javier Ferrán acquired 270 ordinary shares in the FTSE 100-listed drinks maker.
Beverages
22,476.11
13:49 18/04/24
Diageo
2,843.50p
13:50 18/04/24
FTSE 100
7,860.37
13:50 18/04/24
FTSE 350
4,323.65
13:50 18/04/24
FTSE All-Share
4,279.82
13:50 18/04/24
Ferrán, who took over as chairman back in January 2017, bought the shares at a price of 3,960.80p each, for a total value of £8,264.7.
Back in January, Diageo said first-half net sales rose 5.8% to £6.9bn with organic growth partially offset by unfavourable exchange as it announced a £600m share buyback.
Reported operating profit at the Johnnie Walker maker was up 11% to £2.4bn, driven by organic growth, while pre-tax profits were up to £2.6bn from £2.2bn.
As of 1620 GMT, Diageo shares had picked up 0.73% to 3,055.50p.
Top Director Buys
Premier Asset Management Group (PAM)
Director name: Mr Luke Anton Wiseman
Amount purchased: 100,000 @ 214.00p
Value: £214,000
Top Director Sells
Diageo (DGE)
Director name: Mr Ivan Menezes
Amount sold: 47,904 @ 3,960.80p
Value: £1,897,382
Globaldata (DATA)
Director name: Mr Bernard A Cragg
Amount sold: 125,000 @ 600.00p
Value: £750,000
Tullow Oil (TLW)
Director name: Mr Paul McDade
Amount sold: 177,463 @ 228.04p
Value: £404,687
Globaldata (DATA)
Director name: Mr Graham Lilley
Amount sold: 50,000 @ 600.00p
Value: £300,000
Premier Asset Management Group (PAM)
Director name: Mr Luke Anton Wiseman
Amount sold: 100,000 @ 214.00p
Value: £214,000
Intu Properties (INTU)
Director name: Mr David Fischel
Amount sold: 60,922 @ 107.83p
Value: £65,692
Intu Properties (INTU)
Director name: Mr Matthew Roberts
Amount sold: 48,182 @ 107.83p
Value: £51,955
Intu Properties (INTU)
Director name: Mr Susan Marsden
Amount sold: 22,133 @ 107.83p
Value: £23,866