26th Nov 2009 09:52
TO: Regulatory Information Service
PR Newswire
RE: Paragraph 3.1.4 of the Disclosure and Transparency Rules
The notification below was received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.
Diageo plc (the "Company") announces that it received notification on 25 November 2009 from Deirdre Mahlan, a Person Discharging Managerial Responsibilities, that she had exercised options on 24 November 2009 over 8,998 American Depositary Shares ("ADS"*) granted on 10 October 2003 at a price per ADS of $43.82 under the Company's Executive Share Option Plan.
Ms Mahlan subsequently sold 8,898 ADSs on 24 November 2009, at a price per ADS of $68.819. She retains the balance of 100 ADSs.
As a result of the above transaction, the interests of Ms Mahlan in the Company's ADSs (excluding options, awards under the Company's LTIPs and interests as a potential beneficiary of the Company's Employee Benefit Trusts) has increased to 3,677.
*1 ADS is the equivalent of 4 ordinary shares of 28 101/108 pence in the Company.
P D TunnacliffeCompany Secretary
26 November 2009
vendorRelated Shares:
Diageo