TIDMTET

RNS Number : 0684L

Treatt PLC

03 September 2019

03 September 2019

TREATT PLC

("Treatt" or "the Company")

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

In accordance with the requirements of the EU Market Abuse Regulation, the Company received notification from Daemmon Reeve, Chief Executive Officer, on 2 September 2019 of the exercise of options under the 2016 Save As You Earn Share Option Scheme ("SAYE") and the resultant transfer of 8,000 Ordinary Shares to his wife for nil monetary consideration, details of which are below:

 
       Details of the Director 
 a)    Name                                  Daemmon Reeve 
      ------------------------------------  -------------------------------------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                       Chief Executive Officer 
      ------------------------------------  -------------------------------------------------------------------------- 
 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 
      ---------------------------------------------------------------------------------------------------------------- 
 b)    Nature of transaction                 a) Purchase of shares under the Treatt Plc 2016 Save As You earn Share 
                                             Option Scheme 
                                             b) Transfer of shares to wife, Gemma Reeve 
      ------------------------------------  -------------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                Price(s)                              Volume(s) 
      ------------------------------------  ------------------------------------  ------------------------------------ 
                                             a) GBP1.38                            13,043 
    b) Nil Cost                                                                     8,000 
  ------------------------------------------------------------------------------  ------------------------------------ 
  Aggregated information                N/A (Single transaction) 
   - Aggregated volume 
   - Price 
 ------------------------------------  ------------------------------------------------------------------------------- 
 e)    Date of the transaction               2 September 2019 
      ------------------------------------  -------------------------------------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  -------------------------------------------------------------------------- 
 
 
       Details of a Person Closely Associated 
 a)    Name                                  Gemma Reeve 
      ------------------------------------  -------------------------------------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                       PCA of Daemmon Reeve, CEO 
      ------------------------------------  -------------------------------------------------------------------------- 
 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          Ordinary shares of 2 pence each 
       instrument, type of instrument         GB00BKS7YK08 
       Identification code 
      ------------------------------------  -------------------------------------------------------------------------- 
 b)    Nature of transaction                 Transfer of shares for nil monetary consideration from Daemmon Reeve 
                                             (husband) 
      ------------------------------------  -------------------------------------------------------------------------- 
 c)    Price(s) and volume(s)                Price(s)                              Volume(s) 
      ------------------------------------  ------------------------------------  ------------------------------------ 
   Nil cost                                                                        8,000 
  ------------------------------------------------------------------------------  ------------------------------------ 
  Aggregated information                N/A (Single transaction) 
   - Aggregated volume 
   - Price 
 ------------------------------------  ------------------------------------------------------------------------------- 
 e)    Date of the transaction               2 September 2019 
      ------------------------------------  -------------------------------------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue 
      ------------------------------------  --------------------------------------------------------------------------

The SAYE is an all employee scheme operated for UK employees which was approved by shareholders in January 2015. The options are exercisable at the end of a three-year saving plan.

Contact details

Anita Guernari

Company Secretary

++ 44 1284 770028

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHBBGDCDGGBGCX

(END) Dow Jones Newswires

September 03, 2019 07:04 ET (11:04 GMT)

Treatt (LSE:TET)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Treatt Charts.
Treatt (LSE:TET)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Treatt Charts.