Business Context and Reporting Period
This Form 6-K filing by Diageo plc covers the month of June 2026. The report serves as a notification of public announcements made to the London Stock Exchange, specifically detailing the company's total voting rights as of June 1, 2026, and various transactions by Persons Discharging Managerial Responsibilities (PDMRs) and Directors throughout the month.
Key Financial Metrics and Capital Structure
The filing provides specific data regarding the company's capital structure and share pricing but does not contain operational financial results such as revenue, profit, or cash flow.
- Issued Capital (as of May 31, 2026): 2,432,425,480 Ordinary Shares of 28 101/108 pence each.
- Treasury Shares: 205,825,492 Ordinary Shares (voting rights not exercised).
- Total Voting Rights: 2,226,599,988.
- Share Prices Observed in Transactions:
- Ordinary Shares (GBP): Ranged from £14.84 to £15.29.
- American Depositary Shares (USD): Ranged from $81.02 to $81.06.
- Debt, Liquidity, and Margins: The filing text does not provide a clear value for these metrics.
Material Changes and Transactions
The filing details several share transactions by Directors and Executive Committee members, primarily driven by share incentive plans and dividend reinvestment.
- Share Purchases (June 10):
- Sir John Manzoni (Chair): Purchased 441 Ordinary Shares at £14.88 under an arrangement with the Company.
- Executive Committee Members: Louise Prashad, Dayalan Nayager, Randall Ingber, Ewan Andrew, Dan Mobley, and Nik Jhangiani purchased partnership shares (10-11 shares each) at £14.84 and received matching shares (5 each) under the Diageo 2001 Share Incentive Plan.
- Dividend Reinvestment (June 4 Interim Dividend):
- Multiple PDMRs received Ordinary Shares or American Depositary Shares (ADS) via the Dividend Reinvestment Plan. Notable volumes included Hina Nagarajan (297.63 Ordinary Shares) and Cristina Diezhandino (729.79 Ordinary Shares).
- Transaction prices for reinvestment were approximately £15.28 for Ordinary Shares and $81.06 for ADS.
- One World Share Incentive Plan (June 17):
- Hannah Brooks and John O'Keeffe purchased partnership shares and received 50% matching shares.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for management guidance, future outlook, specific risk factors, or contingencies. The document is strictly a regulatory disclosure of shareholding changes and capital structure updates.
Investor Verification Checklist
- Verify the total number of voting rights (2,226,599,988) against the company's latest annual report to confirm the denominator for ownership threshold calculations.
- Confirm the interim dividend payment date of June 4, 2026, and the associated reinvestment pricing (£15.28/$81.06) against market data.
- Review the specific terms of the "Diageo 2001 Share Incentive Plan" and "One World Share Incentive Plan" to understand the matching share ratios (1:2 and 1:0.5 respectively) utilized in the reported transactions.
- Check for any subsequent filings regarding the treasury share count of 205,825,492 to monitor potential buyback or cancellation activities.