26th Apr 2006 15:22
TO: Regulatory Information Service PR Newswire RE: PARAGRAPH 3.1.4 OF THE DISCLOSURE RULES The notifications in paragraphs numbered 1, 2 and 3 below were received underParagraph 3.1.2 of the Disclosure Rules. The notification in paragraph numbered4 below was received under Section 324 of the Companies Act 1985.Diageo plc (the "Company") announces receipt of the following notifications.1. On 25 April 2006 from Mr SR Fletcher, a Person Discharging ManagerialResponsibilities ("PDMR"), that on 19 April 2006, he acquired 86 ordinaryshares of 28 101/108 pence in the Company ("Ordinary Shares") at a price of ‚£8.795 per Ordinary Share, as a result of the reinvestment of the Company'sinterim dividend paid on 6 April 2006 on his Ordinary Shares held within anIndividual Savings Account.2. On 26 April 2006 from Mr G Williams, a PDMR, that on 24 April 2006, heexercised options over 107,293 Ordinary Shares granted on 12 September 2001 ata price per Ordinary Share of ‚£6.87 under the Company's Senior Executive ShareOption Plan and sold 105,000 Ordinary Shares at a price of ‚£9.10 per OrdinaryShare.Mr Williams retained beneficial ownership of the balance of 2,293 OrdinaryShares.3. On 26 April 2006 from Mr TD Proctor, a PDMR, that, on 25 April 2006, he sold24,600 American Depository Shares in the Company ("ADS")* at a price ofUS$65.80 per ADS.As a result of the above transactions, the PDMRs' interests in Ordinary Shares(excluding options, awards under the Company's LTIPs and interests as potentialbeneficiaries of the Company's employee benefit trusts) is as follows.Name of PDMR Number of Ordinary Shares Mr Fletcher 107,421 Mr Williams** 188,520 Number of ADS Mr Proctor 27,020 (*1 ADS is the equivalent of 4 Ordinary Shares. ** Of which 5,423 are held inthe form of ADS.)4. On 25 April 2006 from Bailhache Labesse Trustees Limited, as trustee of theDiageo Employee Benefit Trust (the "Trust") that they had, on 25 March 2006,transferred 7,404 Ordinary Shares to a beneficiary of the Trust upon release ofan award under the Company's Long Term Incentive Plan, now called the TotalShareholder Return Plan (the "Plan") that was approved by shareholders on 11August 1998. The Trust is a discretionary trust for the benefit of employees ofthe Company and its subsidiaries and operates primarily in conjunction with thePlan.As a result of this transaction the total holding of the Trust amounts to6,460,442 Ordinary Shares.Directors of the Company who are potential beneficiaries of the Trust are Mr PSWalsh and Mr NC Rose.26 April 2006ENDDIAGEO PLCRelated Shares:
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