10th Nov 2005 15:21
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 November 2005 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 10November 2005 under the Plan, by Diageo Share Ownership Trustees Limited (the"Trustee"):Name of Director Number of Ordinary Shares N C Rose 23 P S Walsh 23 (ii) the following "Persons Discharging Managerial Responsibilities" ("PDMR")were allocated Ordinary Shares on 10 November 2005 under the Plan, by theTrustee:Name of PDMR Number of Ordinary Shares S Fletcher 23 J Grover 23 A Morgan 23 G Williams 23 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 ‚£8.575.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 249,593 P S Walsh 747,546 Name of PDMR S Fletcher 97,530 J Grover 137,150 A Morgan 116,004 G Williams 169,567* (* 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 November 2005 from Lord Blyth, a director ofthe Company, that he has purchased 1,159 Ordinary Shares on 10 November 2005under an arrangement with the Company, whereby he has agreed to use an amountof ‚£10,000 each month, net of tax, from his director's fees to purchaseOrdinary Shares. Lord Blyth has agreed to retain the Ordinary Shares while heremains a director of the Company.The Ordinary Shares were purchased at a price per share of ‚£8.575.As a result of this purchase, Lord Blyth's interest in Ordinary Shares hasincreased to 118,386.3. It received notification on 10 November 2005 from Todd Stitzer, a directorof the Company, that he has purchased 115 Ordinary Shares on 10 November 2005under an arrangement with the Company, whereby he has agreed to use an amountof ‚£1,000 each month, net of tax, from his director's fees to purchase OrdinaryShares.The Ordinary Shares were purchased at a price per share of ‚£8.575.As a result of this purchase, Mr Stitzer's interest in Ordinary Shares hasincreased to 2,204.10 November 2005ENDDIAGEO PLCRelated Shares:
Diageo