Director dealings: Diageo chairman ups stake

(Sharecast News) - Diageo chairman Javier Ferrán acquired 270 ordinary shares in the FTSE 100-listed drinks maker.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 BuysPremier Asset Management Group (PAM)Director name: Mr Luke Anton WisemanAmount purchased: 100,000 @ 214.00pValue: £214,000 Top Director SellsDiageo (DGE)Director name: Mr Ivan MenezesAmount sold: 47,904 @ 3,960.80pValue: £1,897,382 Globaldata (DATA)Director name: Mr Bernard A CraggAmount sold: 125,000 @ 600.00pValue: £750,000 Tullow Oil (TLW)Director name: Mr Paul McDadeAmount sold: 177,463 @ 228.04pValue: £404,687 Globaldata (DATA)Director name: Mr Graham LilleyAmount sold: 50,000 @ 600.00pValue: £300,000 Premier Asset Management Group (PAM)Director name: Mr Luke Anton WisemanAmount sold: 100,000 @ 214.00pValue: £214,000 Intu Properties (INTU)Director name: Mr David FischelAmount sold: 60,922 @ 107.83pValue: £65,692 Intu Properties (INTU)Director name: Mr Matthew RobertsAmount sold: 48,182 @ 107.83pValue: £51,955 Intu Properties (INTU)Director name: Mr Susan MarsdenAmount sold: 22,133 @ 107.83pValue: £23,866