7th Mar 2012 11:24
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 it received notification on 6 March 2012 that Larry Schwartz, a person discharging managerial responsibility ("PDMR"), exercised an option, on 5 March 2012, over 7,000 American Depository Shares ("ADS")* granted under the Company's Senior Executive Share Option Plan ("SESOP"). The options were granted on 20 September 2005 at an exercise price of $59.40 per ADS Share.
Mr Schwartz subsequently sold 6,930 ADS on 5 March 2012, at a price per ADS Share of $97.04. He retains the balance of 70 ADS.
As a result of these transactions, the interests of Mr Schwartz in the Company's ADS (excluding options, awards under the Company's LTIPs and interests as potential beneficiary of the Company's Employee Benefit Trusts) has increased to 9,444.
J NichollsDeputy Secretary7 March 2012
*1 ADS is the equivalent of 4 Ordinary Shares.
XNYSRelated Shares:
Diageo