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 on 22 May
2014 that:
1. Andrew Morgan, a person discharging managerial responsibilities ("PDMR"),
exercised options on 16 May 2014 over ordinary shares of 28 101/108 pence
each in the Company ("Ordinary Shares") as set out below:
No. of Ordinary Date of grant Price per Ordinary
Shares Share
115,222 20 September 2010 £10.80
Of the shares arising, Mr Morgan sold 114,070 at a price per Ordinary Share of
£19.48. Mr Morgan retains the balance of 1,152 Ordinary Shares.
2. Larry Schwartz, a PDMR, sold, on 20 May 2014, 7,794 American Depository
Shares ("ADS")* in the Company at a price per ADS of $128.83.
As a result of the above transactions, the interests of the PDMRs in the
Company's Ordinary Shares and 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 PDMR Number of Ordinary Shares
A Morgan 163,582
Number of ADS
L Schwartz 25,834
Victoria Cooper
Senior Company Secretarial Assistant
22 May 2014
*1 ADS is the equivalent of 4 Ordinary Shares