10th May 2006 14:45
TO: Regulatory Information Service PR Newswire RE: PARAGRAPH 3.1.4 OF THE DISCLOSURE RULES The notifications listed below are each in respect of a single transaction ofwhich notification was received under Paragraph 3.1.2 of the Disclosure Rulesand, in respect of directors of Diageo plc only, Section 324 of the CompaniesAct 1985.Diageo plc (the "Company") announces that:1. It received notification on 10 May 2006 of the following allocations ofordinary shares of 28 101/108 pence in the Company ("Ordinary Shares") underthe Diageo Share Incentive Plan (the "Plan"), namely:(i) the following directors of the Company were allocated Ordinary Shares on 10May 2006 under the Plan, by Diageo Share Ownership Trustees Limited (the"Trustee"):Name of Director Number of Ordinary Shares N C Rose 21 P S Walsh 21 (ii) the following "Persons Discharging Managerial Responsibilities" ("PDMR")were allocated Ordinary Shares on 10 May 2006 under the Plan, by the Trustee:Name of PDMR Number of Ordinary Shares S Fletcher 21 J Grover 21 A Morgan 21 G Williams 21 The number of Ordinary Shares allocated comprises those purchased on behalf ofthe employee using an amount which the employee has chosen to have deductedfrom salary ("Sharepurchase") and those awarded to the employee by the Company("Sharematch") on the basis of one Sharematch Ordinary Share for every twoSharepurchase Ordinary Shares.The Sharepurchase Ordinary Shares were purchased and the Sharematch OrdinaryShares were awarded at a price per share of ‚£9.11.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. SharematchOrdinary Shares cannot normally be disposed of for a period of three yearsafter the award date.As a result of the above, interests of directors and PDMRs in the Company'sOrdinary Shares (excluding options, awards under the Company's LTIPs andinterests as potential beneficiaries of the Company's Employee Benefit Trusts)are as follows:Name of Director Number of Ordinary Shares N C Rose 294,648 P S Walsh 763,016 Name of PDMR S Fletcher 109,856 J Grover 151,997 A Morgan 141,488 G Williams 188,541* (* of which 5,423 are held in the form of American Depository Shares ("ADS"). 1ADS is the equivalent of 4 Ordinary Shares.)2. It received notification on 10 May 2006 from Lord Blyth, a director of theCompany, that he has purchased 1,091 Ordinary Shares on 10 May 2006 under anarrangement with the Company, whereby he has agreed to use an amount of ‚£10,000each month, net of tax, from his director's fees to purchase Ordinary Shares.Lord Blyth has agreed to retain the Ordinary Shares while he remains a directorof the Company.The Ordinary Shares were purchased at a price per share of ‚£9.11.As a result of this purchase, Lord Blyth's interest in Ordinary Shares hasincreased to 126,830.3. It received notification on 10 May 2006 from Todd Stitzer, a director of theCompany, that he has purchased 109 Ordinary Shares on 10 May 2006 under anarrangement with the Company, whereby he has agreed to use an amount of ‚£1,000each month, net of tax, from his director's fees to purchase Ordinary Shares.The Ordinary Shares were purchased at a price per share of ‚£9.11.As a result of this purchase, Mr Stitzer's interest in Ordinary Shares hasincreased to 2,888.10 May 2006ENDDIAGEO PLCRelated Shares:
Diageo