Diageo PLC - Holding in Company
31 Marzo 1999 - 6:45PM
UK Regulatory
RNS No 0633h
DIAGIO PLC
31 March 1999
RE: Chapter 9 Paragraph 11 of
Continuing Obligations
Diageo plc (the "Company") announces that it was notified
on 30 March 1999 under Sections 198-208 of the Companies
Act 1985 (as amended) that LVMH Moet Hennessy Louis
Vuitton ("LVMH") is interested in 237,391,591 ordinary
shares of 28 101/108 pence in the Company which are
registered in the name of LVMH.
The following also have an interest in the said shares by
virtue of section 203 of the Act:-
Mr Bernard Arnault and his family
Compagnie Financiere du Nord
Group Arnault SA
Financiere Agache SA
Christian Dior SA
Financiere Jean Goujon SA.
This notification follows transactions which the Company
understands were entered into by LVMH on 26 March 1999.
The LVMH shareholding now represents 6.61% of the
Company's issued ordinary share capital as at close of
business on 30 March 1999.
The Company announced on 26 March 1999 that it had
purchased for cancellation 161,509,229 ordinary shares.
The effective date of the purchase and cancellation is 6
April 1999 and on that date the LVMH shareholding stated
above will represent 6.93% of the Company's issued
ordinary share capital (based on the 30 March 1999 share
capital figure, as reduced by the cancelled shares).
END
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