Diageo PLC Director/PDMR Shareholding (9700U)

TIDMDGE

RNS Number : 9700U

Diageo PLC

12 April 2016

 
TO:  Regulatory Information Service 
RE:  PARAGRAPH 3.1.4 OF THE DISCLOSURE AND TRANSPARENCY 
      RULES 
 

The notifications listed below were all received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.

Diageo plc (the "Company") announces that:

1. It received notification on 11 April 2016 of the following allocations of ordinary shares of 28 (101) /(108) pence each in the Company ("Ordinary Shares") under the Diageo Share Incentive Plan (the "Plan"), namely:

(i) the following director of the Company was allocated Ordinary Shares on 11 April 2016 under the Plan, by Diageo Share Ownership Trustees Limited (the "Trustee"):

 
Name of Director   Number of Ordinary Shares 
K Mikells                     10 
 

(ii) the following Persons Discharging Managerial Responsibilities ("PDMR") were allocated Ordinary Shares on 11 April 2016 under the Plan, by the Trustee:

 
Name of PDMR   Number of Ordinary 
                     Shares 
N Blazquez             9 
D Cutter               9 
S Moriarty             10 
 
 

The number of Ordinary Shares allocated comprises those purchased on behalf of the employee using an amount which the employee has chosen to have deducted from salary ("Sharepurchase") and those awarded to the employee by the Company ("Sharematch") on the basis of one Sharematch Ordinary Share for every two Sharepurchase Ordinary Shares.

The Sharepurchase Ordinary Shares were purchased and the Sharematch Ordinary Shares were awarded at a price per share of GBP19.16.

The Ordinary Shares are held by the Trustee and in the name of the Trustee. Sharepurchase Ordinary Shares can normally be sold at any time. Sharematch Ordinary Shares cannot normally be disposed of for a period of three years after the award date.

2. It received notification on 11 April 2016 that Dr FB Humer, a director of the Company, had purchased 432 Ordinary Shares on 11 April 2016 under an arrangement with the Company, whereby he has agreed to use an amount of GBP8,000 each month, net of tax, from his director's fees to purchase Ordinary Shares. Dr Humer has agreed to retain the Ordinary Shares while he remains a director of the Company.

The Ordinary Shares were purchased at a price per share of GBP19.16.

3. It received notification on 11 April 2016 that the following director and PDMRs, as participants in the Diageo Dividend Reinvestment Plan (the "Plan") received Ordinary Shares in respect of the interim dividend paid on 7 April 2016, as follows:

 
 Name of Director    Number of Ordinary 
                      Shares 
 Dr FB Humer         718 
 
 Name of PDMR 
 N Blazquez          469 
 D Cutter            5 
 S Fischer           12 
 S Moriarty          593 
 

The Ordinary Shares were purchased on 7 April 2016 (with a settlement date of 12 April 2016) at a price of GBP19.20.

The Ordinary Shares referred to in items 1, 2 and 3 above were purchased on the London Stock Exchange.

As a result of the above transactions, interests of directors and PDMRs in the Company's Ordinary Shares and American Depository Shares ("ADS")* (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:

 
Name of Director   Number of Ordinary Shares 
Dr FB Humer                  66,425 
K Mikells          13560 (of which 13,520 are 
                          held as ADS)* 
Name of PDMR       Number of Ordinary Shares 
N Blazquez                   98,821 
D Cutter                     8,824 
S Fischer                    17,340 
S Moriarty                   52,630 
 
 
 

A Syed

Company Secretarial Assistant

12 April 2016

* 1 ADS is the equivalent of 4 Ordinary Shares.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 12, 2016 09:42 ET (13:42 GMT)