PRESS RELEASE14 Dec 2012
USL shareholders approve special resolution to allot shares to DiageoDownload file
Diageo has today announced that it has been notified that the shareholders of United Spirits Limited have approved the preferential allotment to Diageo, at a price of INR 1440 per share, of new shares amounting to 10% of the post-issue enlarged share capital of USL.
This preferential allotment of 14.53 million new shares remains conditional upon the satisfaction of (or in certain cases the waiver of) a number of conditions described in the announcement of 9 November 2012, including competition approval or clearance in India and elsewhere.
For further information:
Rowan Pearman +44 (0)20 8978 4751
Kirsty King +44 (0)20 8978 6855
Agnes Bota +36 1 580 1022
Angela Ryker Gallagher +44 (0)20 8978 4911
Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, beer and wine categories. These brands include Johnnie Walker, Crown Royal, JεB, Buchanan’s, Windsor and Bushmills whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Jose Cuervo, Tanqueray and Guinness.
Diageo is a global company, with its products sold in more than 180 countries around the world. The company is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, its people and its brands, visit www.diageo.com. For Diageo’s global resource that promotes responsible drinking through the sharing of best practice tools, information and initiatives, visit www.DRINKiQ.com.
Celebrating life, every day, everywhere.
09 Nov 2012
Diageo, UBHL and USL today announce that Diageo will take a shareholding in USL, the leading Indian spirits companyREAD MORE...