Source - RNS
RNS Number : 3596J
Diageo PLC
08 September 2016
 


Diageo plc (the "Company")

1.

Details of Restricted Person / person closely associated with them ("PCA")

a)

Name

1.     I MENEZES

2.     B FRANZ

3.     A GAVAZZI

4.     J KENNEDY

5.     S SALLER

 

b)

Position / status

1.     DIRECTOR

2.     MEMBER OF EXECUTIVE COMMITTEE

3.     MEMBER OF EXECUTIVE COMMITTEE

4.     MEMBER OF EXECUTIVE COMMITTEE

5.     MEMBER OF EXECUTIVE COMMITTEE

c)

Initial notification / amendment

INITIAL NOTIFICATION

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

AMERICAN DEPOSITARY SHARES ("ADS")

b)

Nature of the transaction

Release of ADS under the Company's 2008 Performance Share Plan ("PSP") on 5 September 2016.  The awards were made on 5 September 2013 and vested at a level of 30.6%.  Also released were the ADS that were accrued in respect of notional dividends under the PSP during the period.  The balance of each award has lapsed.

c)

Price(s) and volume(s)

Price(s)

Volume(s)


No. of ADS released

No. of ADS in respect of notional dividend

No. of ADS sold#

Balance of ADS retained and beneficially owned

1.      $114.50

14,530

1,253

7,289

8,494

2.      $114.50

3,548

306

1,891

1,963

3.     $114.50

3,441

296

1,312

2,425

4.      $114.50

3,296

284

1,757

1,823

5.     $114.50

3,441

296

1,834

1,903

 

# ADS have been sold to meet the requirement to reimburse the Company for PAYE tax and National Insurance liabilities on awards released under the PSP.

 

d)

Aggregated information 

N/A

e)

Date of the transaction

6 SEPTEMBER 2016

f)

Place of the transaction

NEW YORK STOCK EXCHANGE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Details of Restricted Person / person closely associated with them ("PCA")

a)

Name

I MENEZES

b)

Position / status

DIRECTOR

c)

Initial notification / amendment

INITIAL NOTIFICATION

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

AMERICAN DEPOSITARY SHARES ("ADS")

b)

Nature of the transaction

EXERCISED OPTIONS OVER ADS AND SUBSEQUENT SALE OF ADS.  THE BALANCE AFTER THE SALE HAS BEEN RETAINED. THE OPTIONS WERE GRANTED ON 20 SEPTEMBER 2010 AT A PRICE OF $67.84.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)


ADS Exercised

ADS Sold

ADS Retained

$114.50

55,512

52,736

2,776

 

 

d)

Aggregated information 

N/A

e)

Date of the transaction

7 SEPTEMBER 2016

f)

Place of the transaction

NEW YORK STOCK EXCHANGE

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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