PureCircle Limited Director/PDMR Shareholding (3016S)

TIDMPURE

RNS Number : 3016S

PureCircle Limited

29 September 2017

PureCircle Limited (the "Company")

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name:                  Magomet Malsagov 
---  ---------------------  ------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status:       Chief Executive Officer 
---  ---------------------  ------------------------------------ 
 b)   Initial notification   Initial 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 financial       ("RSUs") over Ordinary Shares 
       instrument,            of US$0.10 each in the capital 
       type of instrument     of PureCircle Limited 
       Identification 
       code                   BMG7300G1096 
---  ---------------------  ------------------------------------ 
 b)   Nature of              Grant of RSUs, under the Long 
       the transaction        Term Incentive Plan ("LTIP") 
                              The RSUs will vest on 30 September 
                              2020, subject to the terms of 
                              the Company's LTIP. 
---  ---------------------  ------------------------------------ 
 c)   Price(s)                 Price(s)    Volume(s) 
       and volume(s)           ----------  ---------- 
 
                                 Nil         139,372 
                               ----------  ---------- 
---  ---------------------  ------------------------------------ 
 d)   Aggregated 
       information             139,372 RSUs 
       - Aggregated            Nil 
       volume 
       - Price 
---  ---------------------  ------------------------------------ 
 e)   Date of the            2017-09-29 
       transaction 
---  ---------------------  ------------------------------------ 
 f)   Place of               Outside trading venue 
       the transaction 
---  ---------------------  ------------------------------------ 
 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMR's notification obligations under MAR have also been satisfied.

Name of officer of issuer responsible for making notification: Kan Siew Mei

Date of Notification: 29 September 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

September 29, 2017 10:39 ET (14:39 GMT)