3rd Oct 2012 16:26
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 3 October 2012 that Andrew Morgan, a person discharging managerial responsibilities, exercised an option on 2 October 2012 over 2,239 ordinary shares of 28 101/108 pence each in the Company ("Ordinary Shares") granted on 11 October 2002 at a price per share of £7.59 under the Company's Senior Executive Share Option Plan. The expiry date of the option was 10 October 2012.
Mr Morgan subsequently sold 1,633 Ordinary Shares on 2 October 2012, at a price per share of £17.59, to cover the cost of exercise of the option and the tax arising. He retained the remaining 606 shares.
As a result of the above transaction the interests of Mr Morgan in the Company's Ordinary Shares (excluding options, awards under the Company's LTIPs and interests as a potential beneficiary of the Company's Employee Benefit Trusts) has increased to 189,985.
J NichollsDeputy Company Secretary3 October 2012
XNYSRelated Shares:
Diageo