6th Nov 2009 15:14
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:
1) it received notification today that the following persons discharging managerial responsibilities ("PDMR"), as participants in the dividend reinvestment programme connected with the Company's US Employee Stock Purchase Plan (also known as the US Sharevalue Plan), received American Depository Shares ("ADS") in respect of the Company's final dividend paid on 23 October 2009, as follows:
Name of PDMR Number of ADSs* D Mahlan 51 L Schwartz 64
The ADSs were purchased on 23 October 2009 at a price of $63.27 per ADS.
2) it received notification on 5 November 2009 that David Gosnell, a PDMR, exercised options on 6 November 2009 over 14,595 Company's ordinary shares of 28 101/108 pence ("Ordinary Shares") granted on 11 March 2003 at a price per share of 6.15 under the Company's Senior Executive Share Option Plan ("SESOP") and over 54,167 Ordinary Shares granted on 10 October 2003 at a price per share of 6.49 under the SESOP.
Mr Gosnell subsequently sold 68,000 Ordinary Shares on 6 November 2009, at a price per share of 10.00. Mr Gosnell retains the balance of 762 Ordinary Shares.
As a result of the above transactions, the interests of 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 PDMR Number of Ordinary Shares D Gosnell 60,647 Name of PDMR Number of ADSs* D Mahlan 3,577 L Schwartz 4,199
*1 ADS is the equivalent of 4 Ordinary Shares.
P D TunnacliffeCompany Secretary6 November 2009
vendorRelated Shares:
Diageo