TATE Tate & Lyle Plc

 
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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