Treatt PLC Director/PDMR Shareholding (0327L)
20 December 2018 - 3:51AM
UK Regulatory
TIDMTET
RNS Number : 0327L
Treatt PLC
19 December 2018
19 December 2018
TREATT PLC
("Treatt" or "the Company")
Notification of Transactions of Directors
In accordance with the requirements of the EU Market Abuse
Regulation, the Company received notification on 18 December 2018
of the following transactions.
An award granted pursuant to the 2014 Long Term Incentive Plan
("2014 LTIP") to Richard Hope, Chief Financial Officer, in 2015
vested in full on 14 December 2018 and was subject to performance
criteria based upon the average annual growth in pre-exceptional
basic earnings per share over a three-year period.
This exercise is detailed below, including the number of
Ordinary Shares sold at a price of 410 pence per share to satisfy
the tax and national insurance liabilities and administrative fees
arising on exercise:
Ordinary Ordinary Resultant Resultant
Shares received Shares sold interest % holding
pursuant in Ordinary in total
to 2014 LTIP Shares issued share
capital
--------- ----- ----------------- ------------- ------------- --------------
Richard
Hope CFO 110,678 52,019 350,274 0.59%
Contact details
Anita Steer
Company Secretary
++ 44 1284 770028
1 Details of the Director
a) Name Richard Hope
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2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status CFO
---------------------------------------------------------- ----------------------------------------------------
b) Initial notification/Amendment Initial Notification
---------------------------------------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name Treatt Plc
---------------------------------------------------------- ----------------------------------------------------
b) LEI 213800G40JM9F7G9LG39
---------------------------------------------------------- ----------------------------------------------------
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, type of Ordinary shares of 2 pence each
instrument
Identification code GB00BKS7YK08
---------------------------------------------------------- ----------------------------------------------------
b) Nature of transaction a) Exercise of 2015 LTIP
b) Sale of shares to satisfy tax UK liabilities
---------------------------------------------------------- ----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------------------------------------------------------- ---------------------------- ----------------------
a) nil cost 110,678
b) GBP4.10 52,019
-------------------------------------------------------------------------------------------- ----------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
---------------------------------------------------------- ----------------------------------------------------
e) Date of the transaction 18 December 2018
---------------------------------------------------------- ----------------------------------------------------
f) Place of the transaction London Stock Exchange, XLON
---------------------------------------------------------- ----------------------------------------------------
END
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END
DSHBLBDDCSBBGIC
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