If you participate in Sharesave, your continued participation in the Plan will depend on the terms of your International Assignment.
If you move to a country outside the UK and continue to be employed by a wholly owned subsidiary of Diageo or a Diageo controlled Joint Venture then you will have three choices:-
Continue to save into your Sharesave.
For more information about this option, please contact Shareworks on 0800 088 5912:
Suspend your contributions for up to 12 months
You can suspend your Sharesave by logging into your MyDiageoShares Portal account. If you suspend your contributions, your maturity date will be delayed. If you participate in more than one contract, you will need to complete a form for each contract.
Remember, if you suspend more than 12 payments, your sharesave will be cancelled and your options will lapse. Any payments that you miss will have to be made up at the end of your savings period, month for month, so your maturity date will be later.
Cancel your Sharesave
Log into your MyDiageoShares account using the LOGIN button at the top of this page, locate the Sharesave plan you wish to cancel and click on the 'Cancel Contract' link.
If you move to a country outside the UK and become employed by a Joint Venture company not controlled by Diageo.
You can no longer participate in the plan. You will need log into your MyDiageoShares account using the LOGIN button at the top of this page, locate the Sharesave plan you wish to cancel and click on the 'Cancel Contract' link.
Diageo does not currently offer an International Sharesave Plan.
Please note that once your International Assignment has concluded there may be ongoing tax implications in respect of your share plan holding. Please contact your Global Mobility Advisor for further information.
In the event of any conflict between this information, the rules of the relevant share plan(s) and Diageo’s Global Mobility Policies, the rules of the plan, Diageo’s Global Mobility Policies and applicable legislation will prevail.
If you have any questions regarding the company structure, please contact us for further information.