20th Oct 2008 15:29
TO: Regulatory Information Service
PR Newswire
RE: Paragraph 3.1.4 of the Disclosure and Transparency Rules
The notifications listed below were received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.
Diageo plc (the "Company") announces that on 17 October 2008 it received the following notifications from the trustee of the Diageo Employee Benefit Trust (the `Employee Benefit Trust') as detailed below. The Employee Benefit Trust is a discretionary trust for the benefit of employees of the Company and its subsidiaries.
a) Appleby Trust (Jersey) Limited, as trustee of the Employee Benefit Trust (the `Trustee'), had on 17 October 2008, released ordinary shares of 28 101/108 pence of the Company (Ordinary Shares') and American Depositary Shares (`ADSs') to Persons Discharging Managerial Responsibility (`PDMR'), under the Diageo Incentive Plan (the `DIP') as follows:
Name of PDMR Number of ADSs* Ron Anderson 4,034 Randy Millian 2,170 Number of Ordinary Shares John Pollaers 5,492
The awards were made on 10 October 2003.
b) the Trustee had, on 17 October 2008, made the following sale of ADSs to meetthe requirement to reimburse the Company for PAYE tax and National Insurance/social security liabilities on awards released under the DIP on behalf of PDMRsas follows:Name of PDMR No. ADSs Sold Sale Price of ADSs Ron Anderson 1,638 $58.06 Randy Millian 791 $58.06
As a result of the above release of awards the interests of PDMRs in the Company's Ordinary Shares and ADSs (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 PDMR Number of ADSs* Randy Millian 9,630 Number of Ordinary Shares Ron Anderson 46,705 (of which 9,584 are held as ADSs) John Pollaers 60, 347
*1 ADS is the equivalent of 4 Ordinary Shares.
20 October 2008
vendorRelated Shares:
Diageo