10th Jun 2005 10:50
TO: Regulatory Information Service PR Newswire RE: CHAPTER 9 PARAGRAPH 11 AND CHAPTER 16 PARAGRAPH 13 OF THE LISTING RULES Diageo plc (the "Company") announces that:It received notification on 9 June 2005 for the purposes of Sections 198 to 208of the Companies Act 1985, from Barclays PLC that, as at 3 June 2005, they nolonger have a notifiable interest in the Company's Ordinary Shares of 28 101/108p each ("Ordinary Shares"). The issued share capital of the Company as at 3June 2005 was 2,973,593,909 excluding 76,715,000 Ordinary Shares held asTreasury Shares.It received notification on 10 June 2005 for the purposes of Section 329 of theCompanies Act 1985 from Diageo Share Ownership Trustees Limited (the"Trustee"), as trustee of the Diageo Share Incentive Plan (the "Plan") that:(i) the Trustee sold 696 Ordinary Shares in respect of participants leaving thePlan and transferred 5,737 Ordinary Shares to participants leaving the Plan.The Ordinary Shares were sold between 3 June 2005 and 8 June 2005 at prices perOrdinary Share of between ‚£7.826 and ‚£8.1006, by the Trustee. The Plan is anInland Revenue approved plan operated by Diageo Group companies for the benefitof employees of the Company and its subsidiaries; Date of No of Ordinary Shares Price Per Transaction Sold Share 03.06.05 246 ‚£7.8510 03.06.05 251 ‚£7.826 06.06.05 85 ‚£7.8956 08.06.05 114 ‚£8.1006 Date of Transaction No of Ordinary Shares Transferred 03.06.05 5,737 (ii) the Trustee purchased 39,755 Ordinary Shares in respect of participants inthe Plan on 10 June 2005 at a price of ‚£8.165 per share. The Ordinary Shareswere purchased by the Trustee, which holds Ordinary Shares as trustee of thePlan;(iii) the following directors of the Company were allocated Ordinary Shares on10 June 2005 under the Plan, from those purchased by the Trustee as disclosedin (ii) above:Name of Director Number of Ordinary Shares N C Rose 22 P S Walsh 22 The number of Ordinary Shares allocated comprises those purchased by theTrustee using an amount which the employee has chosen to have deducted fromsalary ("Sharepurchase") and those awarded to the employee by the Company("Sharematch") on the basis of one Sharematch Ordinary Share for every twoSharepurchase Ordinary Shares.The Sharepurchase Ordinary Shares were purchased and the Sharematch OrdinaryShares were awarded at a price per share of ‚£8.165.The Ordinary Shares are held by the Trustee. Sharepurchase Ordinary Shares cannormally be sold at any time. Sharematch Ordinary Shares cannot normally bedisposed of for a period of three years after the award date.As a result of the above, these directors' interests in the Company's OrdinaryShares (excluding options, awards under the Company's LTIPs and also interestsas potential beneficiaries of the Grand Metropolitan No 2 Employee Share Trustand the Diageo Employee Benefit Trust) are as follows:Name of Director Number of Ordinary Shares N C Rose 238,812 P S Walsh 735,062 As a result of the above purchases, awards, and transfers made by the Trusteeon behalf of the Company on 10 June 2005 in respect of all participants in thePlan, the total holding of the Trustee now amounts to 4,572,427 OrdinaryShares.It received notification on 10 June 2005 from Lord Blyth, a director of theCompany, that he has purchased 898 Ordinary Shares on 10 June 2005 under anarrangement with the Company, whereby he has agreed to use an amount of ‚£7,375per month, net of tax, from his director's fees to purchase Ordinary Shares.Lord Blyth has agreed to retain the Ordinary Shares while he remains a directorof the Company.The Ordinary Shares were purchased at a price per share of ‚£8.165As a result of this purchase, Lord Blyth's interest in Ordinary Shares hasincreased to 108,299.It received notification on 10 June 2005 from Todd Stitzer, a director of theCompany, that he has purchased 121 Ordinary Shares on 10 June 2005 under anarrangement with the Company, whereby he has agreed to use an amount of ‚£1,000per month, net of tax, from his director's fees to purchase Ordinary Shares.The Ordinary Shares were purchased at a price per share of ‚£8.165As a result of this purchase, Mr Stitzer's interest in Ordinary Shares hasincreased to 1,595.10 June 2005ENDDIAGEO PLCRelated Shares:
Diageo