Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDiversified Energy Share News (DEC)

Share Price Information for Diversified Energy (DEC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,124.00
Bid: 1,124.00
Ask: 1,126.00
Change: -12.00 (-1.06%)
Spread: 2.00 (0.178%)
Open: 1,128.00
High: 1,129.00
Low: 1,112.00
Prev. Close: 1,136.00
DEC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Director dealings: Diversified Energy board members invest, Reckitt CFOs cover tax bills

Wed, 31st May 2023 14:09

(Sharecast News) - Reckitt Benckiser was at the top of the list of director sells on Wednesday, after both its outgoing and incoming finance chiefs offloaded large tranches of shares to cover tax liabilities.

The consumer products giant said its current chief financial officer Jeff Carr picked up 40,000 shares at nil cost under the 2015 long-term investment plan, while its CFO-designate Kris Licht vested 25,000 nil-cost shares.

Carr then sold 19,203 shares at 6,290.86p each to cover tax liabilities, netting a total of £1,208,033.65.

Licht, meanwhile, offloaded 12,842 shares also for tax purposes, also at 6,290.86p apiece, for a transaction value of £807,872.11.

On the buying side of things, Diversified Energy disclosed a pair of large investments made by two of its directors.

It said president and chief executive officer Rusty Hutson, Jr bought 176,951 shares on the open market at 83.52p each, valuing the transaction at £147,789.48.

"Following this purchase, Mr Hutson is now interested in 24,079,841 ordinary shares, representing approximately 2.479% of the company's issued share capital," the firm said in its filing.

Independent non-executive chair David Johnson, meanwhile, added 10,000 shares to his holding at a price of 83.08p apiece, making that investment worth £8,308.00.

It said after that purchase, Johnson was now interested in 460,000 of its ordinary shares, representing about 0.047% of its issued share capital.

At 1415 BST, shares in Reckitt Benckiser Group were up 0.32% at 6,310p, while those in Diversified Energy Company were 1.43% firmer at 85.05p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: Reckitt Benckiser Group

Name: Jeff Carr

Volume: 19,203

Price: 6,290.86p

Value: £1,208,033.65

Company: Reckitt Benckiser

Name: Kris Licht

Volume: 12,842

Price: 6,290.86p

Value: £807,872.11

Company: London Stock Exchange Group

Name: York Holdings II

Volume: 8,945

Price: 8,484.92p

Value: £758,976.09

Company: Intertek Group

Name: Andre Lacroix

Volume: 14,790

Price: 4,195p

Value: £620,440.50

DIRECTOR BUYS

Company: Intertek Group

Name: Andre Lacroix

Volume: 31,468

Price: 4,195p

Value: £1,320,082.60

Company: Diversified Energy Company

Name: Rusty Hutson, Jr

Volume: 176,951

Price: 83.52p

Value: £147,789.48

Company: Supermarket Income REIT

Name: Tilford Holdings

Volume: 40,398

Price: 79.21p

Value: £31,999.26

Company: British American Tobacco

Name: Julia Wheaton

Volume: 840

Price: 2,605p

Value: £21,882.00

Company: SSP Group

Name: Tim Lodge

Volume: 4,840

Price: 264.48p

Value: £12,800.83

Company: Diversified Energy Company

Name: David Johnson

Volume: 10,000

Price: 83.08p

Value: £8,308.00

More News
9 Feb 2022 07:46

Diversified Energy ends 2021 in line with market forecasts

(Sharecast News) - Diversified Energy confirmed in a trading update on Wednesday that its 2021 results would be in line with market expectations.

Read more
7 Feb 2022 09:30

IN BRIEF: Diversified Energy signs new asset-backed securitisation

IN BRIEF: Diversified Energy signs new asset-backed securitisation

Read more
29 Dec 2021 08:11

Diversified Energy closes sale of undeveloped Haynesville acreage

Diversified Energy closes sale of undeveloped Haynesville acreage

Read more
10 Dec 2021 14:51

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
8 Dec 2021 10:47

UPDATE: Diversified Energy Company secures bigger borrowing base

UPDATE: Diversified Energy Company secures bigger borrowing base

Read more
8 Dec 2021 09:56

Diversified Energy completes acquisition of gas firm Tapstone Energy

Diversified Energy completes acquisition of gas firm Tapstone Energy

Read more
18 Nov 2021 16:15

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
17 Nov 2021 11:00

Diversified Energy plans out emissions reduction; mulls US listing

Diversified Energy plans out emissions reduction; mulls US listing

Read more
17 Nov 2021 08:07

Diversified Energy hosts capital markets day in Houston

(Sharecast News) - Gas and oil production company Diversified Energy will provide investors with an in-depth overview of the company's strategy and operations at the group's capital markets day event on Wednesday.

Read more
12 Nov 2021 09:53

Diversified Energy monetises Texas asset for USD37.3 million

Diversified Energy monetises Texas asset for USD37.3 million

Read more
28 Oct 2021 07:56

Diversified Energy declares third quarter divi as it retires wells at pace

(Sharecast News) - Diversified Energy declared a third quarter interim dividend of 4.25 cents per share on Thursday, up 13% year-on-year, on the back of record average net daily production of 128,000 barrels of oil equivalent per day, which was 20% higher year-on-year.

Read more
19 Oct 2021 08:43

Diversified Energy boosts investor relations after leak allegations

(Sharecast News) - Diversified Energy announced a capital markets day and a new head of investor relations as the energy group sought to shore up confidence following a critical press report.

Read more
12 Oct 2021 12:25

Diversified Energy pushes back as US wells come under scrutiny

Diversified Energy pushes back as US wells come under scrutiny

Read more
12 Oct 2021 12:21

Diversified Energy shares plummet on methane leaks report

(Sharecast News) - Shares in Diversified Energy tumbled 21% on Tuesday, after it was reported that some of its aging gas wells were leaking methane.

Read more
12 Oct 2021 12:06

LONDON MARKET MIDDAY: Stocks struggle as inflationary worries mount

LONDON MARKET MIDDAY: Stocks struggle as inflationary worries mount

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.