Tate & Lyle PLC Director/PDMR Shareholding

 
TIDMTATE 
 
 

Tate & Lyle PLC

Notification of transaction by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') announces that a grant of options and awards over the Company's ordinary shares of 25 pence each in the capital of the Company ('Shares') was made on 16 August 2017 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 
Javed Ahmed (Chief Executive)            298,875 
Nick Hampton (Chief Financial Officer)   217,855 
Rowan Adams                              106,492 
Joan Braca                               159,676 
Robert Gibber                            110,859 
Rob Luijten                              118,389 
Jim Stutelberg                           158,417 
 
 

Awards under the PSP are structured as either nil-cost options or conditional awards. Options and 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 2017 to 31 March 2020. These criteria are described in the Annual Report 2017. No consideration is payable for the grant or exercise of the options or awards.

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 Secretary17 August 2017

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                                     Javed Ahmed 
2.   Reason for the notification 
a)   Position / status                        PDMR - Chief Executive 
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                    298,875 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     298,875 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
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                                     Nick Hampton 
2.   Reason for the notification 
a)   Position / status                        PDMR - Chief Financial Officer 
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               217,855 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     217,855 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
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                                     Rowan Adams 
2.   Reason for the notification 
a)   Position / status                        PDMR - Executive VP, Corporate Affairs 
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                106,492 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     106,492 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
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                                     Joan Braca 
2.   Reason for the notification 
a)   Position / status                        PDMR - President, Speciality Food Ingredients 
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 a conditional award over shares for no consideration under  the Tate & Lyle Performance Share Plan 2012 
c)   Price(s) and volume(s)                   Price(s)            Volume(s) 
 
                                              Nil                  159,676 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     159,676 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
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                                     Robert Gibber 
2.   Reason for the notification 
a)   Position / status                        PDMR - Executive VP, General Counsel 
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                  110,859 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     110,859 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
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                                     Rob Luijten 
2.   Reason for the notification 
a)   Position / status                        PDMR - Executive VP, Human Resources 
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                118,389 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     118,389 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
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                                     Jim Stutelberg 
2.   Reason for the notification 
a)   Position / status                        PDMR - President, Bulk Ingredients 
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 a conditional award over shares for no consideration under  the Tate & Lyle Performance Share Plan 2012 
c)   Price(s) and volume(s)                   Price(s)          Volume(s) 
 
                                              Nil               158,417 
 
d)   Aggregated 
     information 
     -- Aggregated volume                     158,417 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-08-16 
f)   Place of the transaction                 Outside a trading venue 
 
 
 
 

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(END) Dow Jones Newswires

August 17, 2017 06:38 ET (10:38 GMT)