5th Nov 2009 15:29
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 5 November 2009 that Ivan Menezes, a person discharging managerial responsibilities ("PDMR"), exercised an option on 3 November 2009 over 55,234 American Depositary Shares ("ADS")* granted on 11 October 2004 at a price per ADS of $50.92 under the Company's Senior Executive Share Option Plan.
Mr Menezes subsequently sold 55,234 ADSs on 3 November 2009, at a price per ADS of $65.57.
As a result of the above transaction the interests of Mr Menezes 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) is 323,904 (of which 230,906 are held in the form of ADS).
P D TunnacliffeCompany Secretary5 November 2009
*1 ADS is the equivalent of 4 Ordinary Shares.
vendorRelated Shares:
Diageo