Diageo PLC - Re Conversion of Shares
15 Luglio 1998 - 6:08PM
UK Regulatory
RNS No 3636u
DIAGEO PLC
15th July 1998
Capital Repayment
Announcement of conversion of outstanding B Shares
Diageo plc (the Company) announces that all outstanding issued
B Shares will be converted on 1 August 1998 and that a
circular setting out details of the conversion is being
despatched to the holders of B Shares today.
The B Shares will convert into ordinary shares of 28 101/108
pence each on the basis of the average of the closing middle
market price of ordinary shares for the five business days
prior to the date of conversion.
Enquiries:
Diageo plc
Catherine James (Investor Relations) 0171 927 5272
Luke Swanson (Media) 0171 927 5301
END
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