Tate & Lyle PLC Director/PDMR Shareholding

 
TIDMTATE 
 
 

Tate & Lyle PLC

Notification of transactions by Person Discharging Managerial Responsibilities and Person Closely Associated with them

Tate & Lyle PLC (the 'Company') was informed yesterday that on 12 September 2017 Javed Ahmed, a Person Discharging Managerial Responsibilities, exercised 419,403 nil-cost options over ordinary shares of 25 pence each in the capital of the Company ('Shares'), in accordance with the 'Compensatory Award - A' that was granted to him on 28 October 2009, full details of which are set out in the Annual Report 2009. 197,812 Shares were sold at 661.60 pence per Share on the London Stock Exchange to cover Mr Ahmed's tax liabilities and sale costs.

Mr Ahmed retained the remaining Shares and subsequently transferred a total of 317,718 Shares to a joint holding with Mrs Ahmed, a person closely associated with him. Mr Ahmed now holds an interest in a total of 3,416,568 Shares in the Company.

The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Claire-Marie O'GradyCompany Secretary13 September 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                Exercise of nil-cost options over shares for no consideration 
c)   Price(s) and                             Price(s)  Volume(s) 
     volume(s) 
                                              Nil       419,403 
d)   Aggregated 
     information 
     -- Aggregated volume                     419,403 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-09-12 
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                                     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                Sale of shares to cover tax liabilities and sale costs arising on  exercise of options. 
c)   Price(s) and                             Price(s)    Volume(s) 
     volume(s)                                GBP 6.6160  197,812 
d)   Aggregated 
     information 
     -- Aggregated volume                     197,812 
     -- Price                                 GBP 6.6160 
e)   Date of the transaction                  2017-09-12 
f)   Place of the transaction                 London Stock Exchange 
                                              XLON 
 
 

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                Transfer of shares at nil cost a to joint holding account with Talat  Ahmed, Person Closely Associated to Mr Ahmed 
c)   Price(s) and                             Price(s)  Volume(s) 
     volume(s)                                Nil       317,718 
d)   Aggregated 
     information 
     -- Aggregated volume                     317,718 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-09-12 
f)   Place of the transaction                 London Stock Exchange 
                                              XLON 
 
 

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

 
1.   Details of PDMR / person closely associated with them ("PCA") 
a)   Name                                     Talat Ahmed 
2.   Reason for the notification 
a)   Position / status                        PCA of Javed Ahmed 
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                Receipt of shares transferred at nil cost held in a joint account  with Mr Ahmed 
c)   Price(s) and                             Price(s)  Volume(s) 
     volume(s)                                Nil       317,718 
d)   Aggregated 
     information 
     -- Aggregated volume                     317,718 
     -- Price                                 Nil 
e)   Date of the transaction                  2017-09-12 
f)   Place of the transaction                 London Stock Exchange 
                                              XLON 
 
 
 
 

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(END) Dow Jones Newswires

September 13, 2017 05:00 ET (09:00 GMT)