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BUZZ-DCC: near life high on Shell deal, CEO succession

Reuters - UK Focus

** DCC +c.2%, 4th top FTSE 100 gainer & trading near its life high after support services co indicates energy growth focus by agreeing to buy some assets from Shell (LSE: RDSB.L - news) , names energy unit head as CEO successor

** CEO Tommy Breen to be succeeded by Donal Murp, managing director energy division, on July 14 & co to buy Shell's LPG business in Hong Kong, Macau for $145 mln enterprise value

** Energy deals a key driver for FY oper profit forecast, which co reaffirms as expected to be significantly ahead of last yr

** C.20% 30-day daily avg vol through in 30 mins of trade

** Stock +16% YTD vs FTSE 100 +2.5%