Business Context and Reporting Period
This Form 6-K filing by Diageo plc covers the month of April 2026. The report serves as a notification of public announcements made to the London Stock Exchange regarding total voting rights and transactions by Persons Discharging Managerial Responsibilities (PDMRs) under the UK Market Abuse Regulation.
Key Financial Metrics and Capital Structure
The filing does not contain operational financial results such as revenue, profit, cash flow, or margins. It provides the following capital structure data as of 31 March 2026:
- Issued Capital: 2,432,425,480 Ordinary Shares (28 101/108 pence each).
- Treasury Shares: 205,867,779 Ordinary Shares (voting rights not exercised).
- Total Voting Rights: 2,226,557,701.
Share Transaction Prices Observed:
- Ordinary Shares (GBP): £14.71 (April 10) and £14.97 (April 17).
- American Depositary Shares (USD): $81.70 (April 17).
Material Changes and Director Transactions
The filing details specific share purchases and awards under the Diageo 2001 Share Incentive Plan and the One World Share Incentive Plan. No material changes to the company's business operations or financial condition are reported.
Notable Transactions (April 2026)
- Sir John Manzoni (Chair): Purchased 446 Ordinary Shares at £14.71 on April 10 under a company arrangement.
- Executive Committee Members: Louise Prashad, Dayalan Nayager, Randall Ingber, Ewan Andrew, Dan Mobley, and Nik Jhangiani (CFO) purchased partnership shares (volumes ranging from 10 to 11 shares) and received matching shares on April 10.
- One World Plan Participants: Sally Grimes and Hannah Brooks purchased ADSs on April 17 at $81.70. John O'Keeffe purchased Ordinary Shares on April 17 at £14.97.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, or specific risk factors. The document is strictly a regulatory disclosure of shareholding changes and capital structure updates.
Investor Verification Checklist
- Verify the total voting rights denominator (2,226,557,701) for calculating disclosure thresholds under FCA rules.
- Confirm the share price used for PDMR transactions (£14.71 - £14.97 for Ordinary Shares; $81.70 for ADSs) against market data for April 2026.
- Review the Treasury share count (205,867,779) to understand the reduction in voting rights relative to issued capital.
- Note that this filing contains no operational financial data; refer to the most recent Form 20-F or interim results for revenue and profit metrics.