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 
      ----------------------------------------------------------  ---------------------------------------------------- 
 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

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December 19, 2018 11:51 ET (16:51 GMT)

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