PureCircle Limited Director/PDMR Shareholding (7414U)

TIDMPURE

RNS Number : 7414U

PureCircle Limited

20 January 2017

PureCircle Limited (the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------------------------ 
 a)   Name                       Rakesh Sinha 
---  -------------------------  --------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position/status            Chief Financial Officer 
---  -------------------------  --------------------------------------- 
 b)   Initial                    Initial notification 
       notification/ 
       Amendment 
---  -------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                       PureCircle Limited 
---  -------------------------  --------------------------------------- 
 b)   LEI                        213800K2PU757HGDAW11 
---  -------------------------  --------------------------------------- 
 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                Grant of Restricted Stock Units 
       of the                     ("RSUs") over Ordinary Shares 
       financial                  of US$0.10 each in the capital 
       instrument,                of PureCircle Limited 
       type of 
       instrument 
 
 
 
       Identification 
       code                       BMG7300G1096 
---  -------------------------  --------------------------------------- 
 b)   Nature                     Grant of RSUs, under the Long 
       of the                     Term Incentive Plan ("LTIP") 
       transaction 
                                  50,000 of the RSUs will vest 
                                  over the 3 years at the end 
                                  of FY2018, FY2019 and FY2020, 
                                  with the balance to vest subject 
                                  to achievement of certain performance 
                                  conditions by FY2020. 
---  -------------------------  --------------------------------------- 
 c)   Price(s)                     Price(s)    Volume(s) 
       and volume(s)               ----------  ---------- 
 
                                     Nil         100,000 
                                   ----------  ---------- 
---  -------------------------  --------------------------------------- 
 d)   Aggregated 
       information 
 
        *    Aggregated volume     100,000 RSUs 
 
 
                                   Nil 
        *    Price 
---  -------------------------  --------------------------------------- 
 e)   Date of                    2017-1-20 
       the transaction 
---  -------------------------  --------------------------------------- 
 f)   Place                      Outside a trading venue 
       of the 
       transaction 
---  -------------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 20, 2017 06:34 ET (11:34 GMT)