TIDMTATE
Tate & Lyle PLC
Notification of transaction by Persons Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') announces that a grant of
options and awards over the Company's ordinary shares of 25 pence
each in the capital of the Company ('Shares') was made on 5 July
2018 under the Tate & Lyle Performance Share Plan 2012 ('PSP')
and the Tate & Lyle Group Bonus Plan ('GBP') in respect of the
year ended 31 March 2018 to Persons Discharging Managerial
Responsibilities ('PDMR') as detailed in the table below:
PDMR No. of Shares subject No. of Shares subject
to PSP award to GBP award
Nick Hampton (Chief 330,380 22,629
Executive)
Rowan Adams 131,456 13,103
Joan Braca 200,936 2,041
Robert Gibber N/A 10,496
Melissa Law 163,847 8,290
Rob Luijten 146,137 14,567
Jim Stutelberg 174,163 28,241
Andrew Taylor 177,680 2,684
Awards under the PSP are structured as either nil-cost options
or conditional awards. Options and awards granted under the PSP
will only vest to the extent that certain performance criteria are
satisfied by the Company over a three-year performance period which
runs from 1 April 2018 to 31 March 2021. These criteria are
described in the Annual Report 2018.
Further information on the operation of the GBP is provided in
the Annual Report 2018.
No consideration is payable for the grant or exercise of the
options or awards under the PSP or GBP.
The notifications below, which have been made in accordance with
the requirements of the EU Market Abuse Regulation, provide further
detail.
Claire-Marie O'GradyCompany Secretary10 July 2018
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Nick Hampton
2. Reason for the notification
a) Position / status PDMR - Chief Executive
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)
Nil
Volume(s)
330,380
Price(s)
Nil
Volume(s)
22,629
d) Aggregated information
353,009Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Rowan Adams
2. Reason for the notification
a) Position / status PDMR - Executive VP, Corporate Affairs
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)
Nil
Volume(s)131,456
Price(s)Nil
Volume(s)13,103
d) Aggregated information
144,559Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Joan Braca
2. Reason for the notification
a) Position / status PDMR - President, Food & Beverage Solutions
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)
Nil
Volume(s)200,936
Price(s)Nil
Volume(s)2,041
d) Aggregated information
202,977Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Robert Gibber
2. Reason for the notification
a) Position / status PDMR - Executive VP, General Counsel
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Group Bonus Plan
c) Price(s) and volume(s) Price(s)Nil
Volume(s)10,496
d) Aggregated information
10,496Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Melissa Law
2. Reason for the notification
a) Position / status PDMR - President, Global Operations
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)Nil
Volume(s)163,847
Price(s)Nil
Volume(s)8,290
d) Aggregated information
172,137Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Rob Luijten
2. Reason for the notification
a) Position / status PDMR - Executive VP, Human Resources
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)
Nil
Volume(s)146,137
Price(s)Nil
Volume(s)14,567
d) Aggregated information
160,704Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Jim Stutelberg
2. Reason for the notification
a) Position / status PDMR - President, Primary Products
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)
Nil
Volume(s)174,163
Price(s)Nil
Volume(s)28,241
d) Aggregated information 202,404Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Andrew Taylor
2. Reason for the notification
a) Position / status PDMR - President, Innovation and Commercial Development
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s) Price(s)
Nil
Volume(s)177,680
Price(s)Nil
Volume(s)2,684
d) Aggregated information 180,364Nil
Aggregated volume Price
e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue
View source version on businesswire.com:
https://www.businesswire.com/news/home/20180710005458/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
July 10, 2018 06:21 ET (10:21 GMT)
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