2nd Dec 2011 16:05
TO: Regulatory Information Service PR Newswire RE: Paragraph 3.1.4 of the Disclosure and Transparency Rules
The notification listed below was received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.
Diageo plc (the "Company") announces that it received notification on 1December 2011 that Tim Proctor, a person discharging managerial responsibility,exercised options on 29 November 2011 over 68,042 American Depositary Shares("ADS")* under the Company's Senior Executive Share Option Plan ("SESOP") asset out below:No. of Ordinary Date of grant Price per share Shares 40,530 20 September 2005 $59.40 27,512 27 October 2008 $56.84
Mr Proctor subsequently sold 67,360 ADSs on 29 November 2011, at a price per share of $82.00. Mr Proctor retains the balance of 682 ADSs.
Mr Proctor sold a further 10,000 ADSs on 29 November 2011, as set out below:
No. of Ordinary Price per share Shares 7,000 $82.288 3,000 $83.228
As a result of the above transactions, the interests of Mr Proctor in ordinary shares of 28 101/108 pence each in the Company ("Ordinary Shares") and ADSs (excluding options, awards under the Company's LTIPs and interests as a potential beneficiary of the Company's Employee Benefit Trusts) have increased to 29,263 ADS.
J NichollsDeputy Secretary2 December 2011
*1 ADS is the equivalent of 4 Ordinary Shares.
XNYSRelated Shares:
Diageo