My Diageo Shares
Become a Diageo shareholder by taking part in our Irish tax efficient employee share plans. Our share plans are designed to motivate you and help you build a shareholding in Diageo. In return you benefit from our Company’s success through potential share price growth. Also, as the share schemes are Revenue approved you can benefit from generous PAYE savings (as long as you meet the holding periods and rules linked to the relevant plan).
Irish Profit Share
There are two plans in operation, The Diageo plc 2006 Irish Profit Sharing Scheme (also known as Irish Profitshare) and the UDV Ireland Group Share Participation Scheme (also known as Baileys Share Participation).
Each year under the APSS you will receive some of your bonus in Profitshare. You can also add to this investment by electing to forego some of your pre-tax salary over 6 months and buying more Diageo shares. This plan element is commonly known as salary foregone. Your total share investment under the APSS should not exceed the Irish Revenue maximum annually.
Baileys Share Participation scheme gives you an option of taking either shares or cash. You can also add to this investment by electing to forego some of your pre-tax salary over 6 months and buying more Diageo shares. This plan element is commonly known as salary sacrifice. Your total share investment under this plan should not exceed the Irish Revenue maximum annually.
Save for the future by taking part in this simple savings programme and putting money aside each month directly from pay. Once you’ve completed your savings (usually over 3 or 5 years) you can choose to buy Diageo shares at a discounted price, or you can simply take back your savings.
Diageo’s share plans are strictly governed by the plan rules and applicable legislation. For more information about Diageo’s Irish employee share plans go to the relevant sections where you will find additional information and details about how and when you can enrol.