Director dealings: Diageo chair buys shares for his adult children

The FTSE 100 company said Ferran paid 3,535p per share in the transaction, for a total value of £881,250.

It said he had transferred the ordinary shares to his two adult children.

Oracle Power, meanwhile, said its chief executive officer Naheed Memon had acquired the entirety of Nazario Consultancy for £55,364.

The AIM-traded firm confirmed that Nazario’s sole asset was 17,859,230 shares in Oracle Power, meaning Memon effectively paid 0.31p per share.

As a result, the CEO was now beneficially interested in 83,194,791 shares, or 3.63% of Oracle’s issued share capital.

Top Director Buys

Diageo (DGE)
Director name: Ferran,Javier
Amount purchased: 25,000 @ 3,525.00p
Value: £881,250.00

Oracle Power (ORCP)
Director name: Memon,Naheed
Amount purchased: 17,859,230 @ 0.31p
Value: £55,363.61

Headlam Group (HEAD)
Director name: King,Simon
Amount purchased: 9,878 @ 503.60p
Value: £49,745.61

M&c Saatchi (SAA)
Director name: Jones,Colin Robert
Amount purchased: 6,583 @ 151.90p
Value: £9,999.58