TO: Regulatory Information Service PR Newswire RE: PARAGRAPH 3.1.4 OF THE DISCLOSURE AND TRANSPARENCY RULES
The notifications listed below were all received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.
Diageo plc (the "Company") announces that:
1. It received notification on 11 June 2012 of the following allocations of
ordinary shares of 28 101/108 pence each in the Company ("Ordinary Shares")
under the Diageo Share Incentive Plan (the "Plan"), namely:
(i) the following directors of the Company were allocated Ordinary Shares on 11 June 2012 under the Plan, by Diageo Share Ownership Trustees Limited (the "Trustee"): Name of Director Number of Ordinary Shares D Mahlan 12 PS Walsh 12
(ii) the following Persons Discharging Managerial Responsibilities ("PDMR") were allocated Ordinary Shares on 11 June 2012 under the Plan, by the Trustee:
Name of PDMR Number of Ordinary Shares N Blazquez 12 D Gosnell 12 J Grover 12 A Morgan 12 G Williams 12 I Wright 12
The number of Ordinary Shares allocated comprises those purchased on behalf of the employee using an amount which the employee has chosen to have deducted from salary ("Sharepurchase") and those awarded to the employee by the Company ("Sharematch") on the basis of one Sharematch Ordinary Share for every two Sharepurchase Ordinary Shares.
The Sharepurchase Ordinary Shares were purchased and the Sharematch Ordinary Shares were awarded at a price per share of £16.14.
The Ordinary Shares are held by the Trustee and in the name of the Trustee. Sharepurchase Ordinary Shares can normally be sold at any time. Sharematch Ordinary Shares cannot normally be disposed of for a period of three years after the award date.
2. It received notification on 11 June 2012 from Dr FB Humer, a director of
the Company, that he had purchased 514 Ordinary Shares on 11 June 2012 under an arrangement with the Company, whereby he has agreed to use an amount of £8,000 each month, net of tax, from his director's fees to purchase Ordinary Shares. Dr Humer has agreed to retain the Ordinary Shares while he remains a director of the Company.
The Ordinary Shares were purchased at a price per share of £16.14.
3. It received notification on 11 June 2012 from Andrew Fennell, a PDMR, that
Mrs E Fennell (being Mr Fennell's Spouse) holds 3,120 Ordinary Shares in
her own name.
As a result of the above transactions, interests of directors and PDMRs in the Company's Ordinary Shares and American Depository Shares ("ADS")* (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:
Name of Director Number of Ordinary Shares Dr FB Humer 40,533 D Mahlan 94,879 (of which 94,534 are held as ADS) PS Walsh 651,579 Name of PDMR Number of Ordinary Shares N Blazquez 55,823 A Fennell 9,694 D Gosnell 81,490 J Grover 154,939 A Morgan 150,827 G Williams 173,937 (of which 6,424 are held as ADS) I Wright 36,389 J Nicholls Deputy Company Secretary 11 June 2012
*1 ADS is the equivalent of 4 Ordinary Shares.XNYS