9th Mar 2012 15:39
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 that it received notification:
1. On 8 March 2012, that Ivan Menezes, a Person Discharging Managerial
Responsibilities ("PDMR"), acquired an interest in the Company's ordinary shares of 28 101/108 pence ("Ordinary Shares") (in the form of American Depositary Shares ("ADS")*) by way of a one-off award under the Company's Discretionary Incentive Plan ("DIP"), approved by shareholders on 14 October 2009. There are performance conditions attached to the release of this award under the DIP, and the award will vest, subject to achievement of the performance conditions, as shown below. Name of PDMR Number of ADSs March March March March 2016 2017 2018 2019 I Menezes 117,142 25% 25% 25% 25%
2. On 9 March 2012, that Gareth Williams, a PDMR sold 25,000 Ordinary Shares
on 9 March 2012, at a price per share of £15.32.
As a result of the above transaction the interests of Mr Williams' 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 decreased to 173,840 (of which 6,375 are held as ADS).
J NichollsDeputy Company Secretary9 March 2012
*1 ADS is the equivalent of 4 Ordinary Shares.
XNYSRelated Shares:
Diageo