Tate & Lyle PLC Director/PDMR Shareholding
06 December 2018 - 10:32PM
UK Regulatory
TIDMTATE
Tate & Lyle PLC
Notification of transaction by Persons Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') announces that a grant of
nil-cost options over the Company's ordinary shares of 25 pence
each in the capital of the Company ('Shares') was made on 6
December 2018 under the Tate & Lyle Performance Share Plan 2012
('PSP') to Persons Discharging Managerial Responsibilities ('PDMR')
as detailed in the table below:
PDMR No. of Shares subject to award
Lindsay Beardsell 173,884
Laura Hagan 136,623
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.
No consideration is payable for the grant or exercise of the
options.
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 Secretary6 December 2018
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Lindsay Beardsell
2. Reason for the notification
a) Position / status PDMR
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
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 173,884
d) Aggregated information
173,884
Aggregated volume Price
Nil
e) Date of the transaction 2018-12-06
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
Details of PDMR / person closely associated with them ("PCA")
a) Name Laura Hagan
2. Reason for the notification
a) Position / status PDMR
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
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 136,623
d) Aggregated information
136,623
Aggregated volume Price
Nil
e) Date of the transaction 2018-12-06
f) Place of the transaction Outside a trading venue
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181206005362/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
December 06, 2018 06:32 ET (11:32 GMT)
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