Diageo CEO reduces stake further

22nd Nov 2012 16:17

The Chief Executive Officer of Diageo, the FTSE 100 drinks giant, has sold another slice of his stake in the company, reducing his holding to 729,582 shares. Paul Walsh, who was appointed to the role of CEO in 2000, traded in 20,000 shares for 1,850.00p each, worth a total of £370,000. The transaction follows another made just last week, when he sold 50,000 shares at 1,801.00p each for a total of £900,500. Back in September it was revealed that the CEO's annual remuneration more than doubled to £11.2m, largely as a result of the soaring share price, which is up more than 43% over the past year, a rise equal to 570p. Of his total pay packet, 72% was related to the performance of the company's share price. Top Director BuysSierra Rutile Ltd (SRX) Director name: Mr Jan Alex CastroAmount purchased: 100,000 @ 53.00p Value: £53,000Energy Assets Group (EAS) Director name: Dr Christopher MastersAmount purchased: 20,000 @ 190.00p Value: £38,000Shaft Sinkers Holdings (SHFT) Director name: Mr Alon DavidovAmount purchased: 78,554 @ 38.00p Value: £29,851StatPro Group (SOG) Director name: Mr Justin WheatleyAmount purchased: 24,000 @ 105.00p Value: £25,200AstraZeneca (AZN) Director name: Professor Genevieve BergerAmount purchased: 400 @ 2,856.00p Value: £11,424Plexus Holdings (POS) Director name: Mr Christopher Fraser Amount purchased: 5,000 @ 200.00p Value: £10,000Top Director SellsNews Corp. 'A' Shares (NCRA) Director name: Mr Rupert MurdochAmount sold: 381,229 @ $23.95 Value: $9,130,435Diageo (DGE) Director name: Mr Paul S WalshAmount sold: 20,000 @ 1,850.00p Value: £370,000Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 15,000 @ 1,123.21p Value: £168,482Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 10,000 @ 1,124.00p Value: £112,400Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 10,000 @ 1,117.00p Value: £111,700Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 10,000 @ 1,115.21p Value: £111,521Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 10,000 @ 1,114.00p Value: £111,400Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 5,000 @ 1,124.10p Value: £56,205Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 5,000 @ 1,123.07p Value: £56,154