23rd Sep 2010 16:07
TO: Regulatory Information Service
PR Newswire
RE: Paragraph 3.1.4 of the Disclosure and Transparency Rules
The notifications listed below were received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.
Diageo plc (the "Company") announces it received notification on 22 September 2010 that on 20 September 2010 it released American Depositary Shares to the following persons discharging managerial responsibilities ("PDMRs") in respect of awards made under the DIP:
Name of PDMR Number of ADS Number of Date of DIP Balance of ADS released ADS sold# award retained and beneficially owned D Mahlan 2,609 1,224 18 September 1,385 2007 I Menezes 18,649 10,926 19 September 7,723 2006 L Schwartz 2,460 894 18 September 1,566 2007
As a result of the above transactions the interests of PDMRs in the Company's ordinary shares of 28 101/108 pence per share ("Ordinary Shares") and ADSs (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:
Name of PDMR No. of Ordinary Shares I Menezes 356,360 (of which 236,362 are held in the form of ADS). Name of PDMR No. of ADS D Mahlan 5,598 L Schwartz 6,297
# ADS sold to meet the requirement to reimburse the Company for PAYE tax and National Insurance/social security liabilities on awards released under the DIP.
*1 ADS is the equivalent of 4 Ordinary Shares.
J NichollsDeputy Company Secretary23 September 2010
vendorRelated Shares:
Diageo