Treatt PLC Director/PDMR Shareholding (8807K)
December 18 2018 - 9:54AM
UK Regulatory
TIDMTET
RNS Number : 8807K
Treatt PLC
18 December 2018
18 December 2018
TREATT PLC
("Treatt" or "the Company")
Notification of Transactions of Directors
Treatt announces that awards were made to the following
Directors under the Treatt Plc Long Term Incentive Plan ('LTIP')
and Share Incentive Plan ('SIP') as detailed below.
The LTIP's are subject to performance criteria based upon the
average annual growth in pre-exceptional basic earnings per share
over a three year period. The awards, or a proportion of them, only
vest if the performance criteria is satisfied at the date on which
vesting occurs.
Additionally, the Directors have acquired Free and Matching
shares consistent with awards made to all UK employees under the
SIP which awarded GBP600 of Free Shares to eligible employees.
Matching Shares are only awarded to those that have purchased
Partnership Shares and are awarded on a 1:1.5 basis. The Free
Shares and Matching Shares are subject to forfeiture for a period
of three years from the date of grant in the event of termination
of employment, except in circumstances where the employee is
regarded as a good leaver, in accordance with the terms of the
SIP.
Details of the Director
a) Name 1. Daemmon Reeve
2. Richard Hope
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Reason for the notification
--------------------------------------------------------------------------------------------------
a) Position/status 1. CEO
2. CFO
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b) Initial notification/Amendment Initial Notification
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3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------------------------------
a) Name Treatt Plc
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b) LEI 213800G40JM9F7G9LG39
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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 1 and 2:
a) Award of LTIP
b) Award of Free Shares
c) Purchase of Partnership Shares
d) Award of Matching Shares
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c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------------------ ------------------------ ----------------
1 a) GBP4.10 80,487
1 b) GBP4.05 148
1 c) GBP4.05 444
1 d) GBP4.05 666
2 a) GBP4.10 53,658
2 b) GBP4.05 148
2 c) GBP4.05 444
2 d) GBP4.05 666
----------------------------------------------------------- ------------------------ ----------------
Aggregated information
- Aggregated volume
- Price 1) 81,745 2) 54,916
----------------------------------------------------------- ------------------------------------------
e) Date of the transaction 14 December 2018
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f) Place of the transaction Outside a trading venue
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Contact details
Anita Steer
Company Secretary
++ 44 1284 770028
END
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END
DSHBUBDDDUBBGII
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