Tate & Lyle PLC Director/PDMR Shareholding (2647Y)
08 September 2020 - 7:00PM
UK Regulatory
TIDMTATE
RNS Number : 2647Y
Tate & Lyle PLC
08 September 2020
Tate & Lyle PLC
Notification of transaction by Person Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') was informed that 15,065
ordinary shares of 25 pence each in the capital of the Company
('Shares') were released on 4 September 2020 to Andrew Taylor, a
Person Discharging Managerial Responsibilities, in accordance with
the Restricted Share Award that was granted to him on 24 November
2017. 6,674 shares were withheld to satisfy tax obligations arising
on the release of the Shares. As a result, Mr. Taylor acquired and
retained a total of 8,391 Shares. For tax purposes, the market
value of the Shares, being the average of the two closing prices on
the date of the transaction, was 674.2 pence per share. No
consideration was paid for the acquisition of these Shares.
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
Claire-Marie O'Grady
Company Secretary
8 September 2020
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
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2. Reason for the notification
----------------------------------------------------------------------------
a) Position / status PDMR
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b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------------
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 Ordinary shares of 25 pence each in the
of the financial capital of Tate & Lyle PLC
instrument GB0008754136
Identification
code
------------------------------ --------------------------------------------
b) Nature of the Acquisition of shares following the vesting
transaction of nil-cost conditional awards over shares
for no consideration.
------------------------------ --------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 8,391
----------
------------------------------ --------------------------------------------
d) Aggregated information
* Aggregated volume 8,391
Nil
* Price
------------------------------ --------------------------------------------
e) Date of the 2020-09-04
transaction
------------------------------ --------------------------------------------
f) Place of the Outside a trading venue
transaction
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END
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