Director/PDMR Shareholding

Diageo PLC

17 March 2026

 

 

Diageo plc

LEI: 213800ZVIELEA55JMJ32

Director/PDMR Shareholding

On 16 March 2026, the following awards were granted to directors and persons discharging managerial responsibility over either Ordinary Shares or American Depositary Shares:

1.   Options under the Diageo 2023 Long Term Incentive Plan, which are exercisable between 8 September 2028 and 7 September 2035, subject to the satisfaction of stretching performance conditions and continued employment.

2.   Conditional awards under the Diageo 2023 Long Term Incentive Plan, which will vest on 8 September 2028, subject to satisfaction of stretching performance conditions and continued employment. In calculating the number of shares granted the standard approach to calculation was used which is the six-month ordinary share price between 1 July 2025 and 31 December 2025 for Sir Dave Lewis reflecting his date of appointment to the Board and between 1 January 2025 and 30 June 2025 for Hannah Brooks reflecting her date of appointment to the Executive Committee.  

The applicable performance conditions to be assessed over a three-year performance period (1 July 2025 to 30 June 2028). The performance conditions were determined in July 2025 for all Executives in the F26 cycle of the DLTIP grant and have not been adjusted for this award to reflect performance year to date.  The details of the performance conditions are set out on page 134 of the Diageo 2025 Annual Report (available at the Company's website at https://www.diageo.com/en/investors/results-reports-and-events/annual-report-2025).

The notifications below, which have been made in accordance with the requirement of the UK Market Abuse Regulation, provide further details.

James Edmunds

Deputy Company Secretary

17 March 2026

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sir Dave Lewis
2.	Reason for the notification
a)	Position / status	Chief Executive Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Diageo plc
b)	LEI	213800ZVIELEA55JMJ32
4.	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 Identification code	Ordinary shares of 28 101/108 pence GB0002374006
b)	Nature of the transaction	1.   Grant of approved options, which are subject to the satisfaction of performance conditions, over Ordinary Shares under the Diageo 2023 Long Term Incentive Plan 2.   Grant of unapproved options, which will vest on 8 September 2028, subject to the satisfaction of performance conditions, over Ordinary Shares, under the Diageo 2023 Long Term Incentive Plan 3.   Grant of conditional award, which will vest on 8 September 2028, subject to the satisfaction of performance conditions, over Ordinary Shares under the Diageo 2023 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. £14.66 4,092 2. £14.66 301,947 3. Nil 306,039
d)	Aggregated information  - Aggregated volume - Price	N/A
e)	Date of transaction	2026-03-16
f)	Place of transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Hannah Brooks
2.	Reason for the notification
a)	Position / status	Member of the Executive Committee
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Diageo plc
b)	LEI	213800ZVIELEA55JMJ32
4.	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 Identification code	American Depositary Shares US25243Q2057
b)	Nature of the transaction	1.   Grant of unapproved options, which will vest on 8 September 2028, subject to the satisfaction of performance conditions, over American Depositary Shares, under the Diageo 2023 Long Term Incentive Plan 2.   Grant of conditional award, which will vest on 8 September 2028, subject to the satisfaction of performance conditions, over American Depositary Shares under the Diageo 2023 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. $110.00 13,999 2. Nil 12,599
d)	Aggregated information  - Aggregated volume - Price	N/A
e)	Date of transaction	2026-03-16
f)	Place of transaction	Outside a trading venue

 

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