Tate & Lyle PLC Director/PDMR Shareholding

 
TIDMTATE 
 
 

Tate & Lyle PLC

Notifications of transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Tate & Lyle PLC (the 'Company') was informed that 15,064 ordinary shares of 25 pence each in the capital of the Company ('Shares') were released on 4 September 2018 to Andrew Taylor, a Person Discharging Managerial Responsibilities, in accordance with the Restricted Share Award that was granted to him on 24 November 2017. 4,866 shares were withheld to satisfy certain tax obligations arising on the release of the Shares. For tax purposes, the market value of the Shares, being the average of the two closing prices on the date of the transaction, was 663.8 pence per share. Mr Taylor retained the remaining Shares. No consideration was paid for the acquisition of these Shares.

The Company was further informed that on 7 September 2018 Qianlin Braca, a Person Closely Connected to Joan Braca, who is a Person Discharging Managerial Responsibilities, transferred 63 Tate & Lyle PLC American Depositary Shares ("ADS") to Joan Braca at the price of USD34.082 per ADS.

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 Secretary7 September 2018

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                                     Andrew Taylor 
2.   Reason for the notification 
a)   Position / status                        PDMR 
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                Release of a nil-cost conditional award over shares for no  consideration 
c)   Price(s) and volume(s)                   Price(s)             Volume(s) 
                                              Nil                  10,198 
 
d)   Aggregated information 
                                              10,198 
     Aggregated volume 
 
     Price                                    Nil 
e)   Date of the transaction                  2018-09-04 
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

 
1.   Details of PDMR / person closely associated with them ("PCA") 
a)   Name                                     Qianlin Braca 
2.   Reason for the notification 
a)   Position / status                        PCA of Joan Braca (PDMR) 
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  American Depositary Receipts in the capital of Tate & Lyle PLC (One  ADR equals four ordinary shares in the capital of Tate & Lyle PLC) 
 
     Identification code                      US8765706077 
b)   Nature of the transaction                Disposal of ADRs to Joan Braca, a Person Closely Connected with  Qianlin Braca 
c)   Price(s) and volume(s)                   Price(s)           Volume(s) 
 
                                              USD34.082          63 
 
d)   Aggregated information 
 
     Aggregated volumePrice                   63 
 
                                              USD2,147.166 
e)   Date of the transaction                  2018-09-07 
f)   Place of the transaction                 New York Stock Exchange 
                                              XNYS 
 
 

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                                     Joan Braca 
2.   Reason for the notification 
a)   Position / status                        PDMR 
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  American Depositary Receipts in the capital of Tate & Lyle PLC (One  ADR equals four ordinary shares in the capital of Tate & Lyle PLC) 
 
     Identification code                      US8765706077 
b)   Nature of the transaction                Acquisition of ADRs from Qianlin Braca, a Person Closely Connected  with Joan Braca 
c)   Price(s) and volume(s)                   Price(s)           Volume(s) 
 
                                              USD34.082           63 
 
d)   Aggregated information 
 
     Aggregated volumePrice                   63 
 
 
                                              USD2,147.166 
 
e)   Date of the transaction                  2018-09-07 
f)   Place of the transaction                 New York Stock Exchange 
                                              XNYS 
 
 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20180907005349/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

September 07, 2018 11:40 ET (15:40 GMT)