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TATE Tate & Lyle Plc

680.00
-2.50 (-0.37%)
Last Updated: 16:20:19
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tate & Lyle Plc LSE:TATE London Ordinary Share GB00BP92CJ43 ORD 29 1/6P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50 -0.37% 680.00 680.00 680.50 688.50 680.00 681.50 441,590 16:20:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Flavoring Extract,syrup, Nec 1.85B 190M 0.4730 14.46 2.75B

Tate & Lyle PLC Director/PDMR Shareholding (9551A)

02/10/2020 11:55am

UK Regulatory


Tate & Lyle (LSE:TATE)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Tate & Lyle Charts.

TIDMTATE

RNS Number : 9551A

Tate & Lyle PLC

02 October 2020

Tate & Lyle PLC

Notification of transactions 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 30 September 2020 under the Tate & Lyle Performance Share Plan 2020 ('PSP') and the Tate & Lyle Group Bonus Plan ('GBP') in respect of the year ended 31 March 2020 to Persons Discharging Managerial Responsibilities ('PDMR') as detailed in the table below:

 
 PDMR                 No. of Shares subject to PSP award   No. of Shares subject to GBP award 
 Nick Hampton         273,295                              15,487 
                     -----------------------------------  ----------------------------------- 
 Imran Nawaz          193,156                              10,946 
                     -----------------------------------  ----------------------------------- 
 Rowan Adams          108,743                              None 
                     -----------------------------------  ----------------------------------- 
 Lindsay Beardsell    154,114                              None 
                     -----------------------------------  ----------------------------------- 
 Melissa Law          158,187                              None 
                     -----------------------------------  ----------------------------------- 
 Laura Hagan          123,291                              None 
                     -----------------------------------  ----------------------------------- 
 Jim Stutelberg       154,359                              None 
                     -----------------------------------  ----------------------------------- 
 Andrew Taylor        157,475                              None 
                     -----------------------------------  ----------------------------------- 
 

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 2020 to 31 March 2023. These criteria are described in the Annual Report 2020.

Further information on the operation of the GBP is provided in the Annual Report 2020.

No consideration is payable for the grant or exercise of the options or awards under the PSP or GBP.

Additionally, the Company was informed that 11,299 ordinary shares of 25 pence each in the capital of the Company ('Shares') were released on 30 September 2020 to Melissa Law, a Person Discharging Managerial Responsibilities, in accordance with the Restricted Share Award that was granted to her on 24 November 2017. 5,006 shares were withheld to satisfy tax obligations arising on the release of the Shares. As a result, Ms. Law acquired and retained a total of 6,293 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 665.20 pence per share. No consideration was paid for the acquisition of these Shares.

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

Claire-Marie O'Grady

Company Secretary

2 October 2020

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                            Nick Hampton 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               PDMR 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Grant of nil-cost options over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 and 
                                       Group Bonus Plan 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         273,295 
                                                   ---------- 
                                        Nil         15,487 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     288,782 
                                        Nil 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Imran Nawaz 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               PDMR 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Grant of nil-cost options over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 and 
                                       Group Bonus Plan 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         193,156 
                                                   ---------- 
                                        Nil         10,946 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     204,102 
                                        Nil 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Rowan Adams 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               PDMR 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Grant of nil-cost options over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         108,743 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     108,743 
                                        Nil 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Lindsay Beardsell 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               PDMR 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Grant of nil-cost options over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         154,114 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     154,114 
                                        Nil 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Melissa Law 
     ------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position / status               PDMR - President, Global Operations 
     ------------------------------  ----------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ----------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ----------------------------------------- 
 b)   Nature of the                   Grant of a conditional award over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ----------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         158,187 
                                                   ---------- 
     ------------------------------  ----------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     158,187 
                                        Nil 
 
             *    Price 
     ------------------------------  ----------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ----------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ----------------------------------------- 
 

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                            Laura Hagan 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               PDMR 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Grant of nil-cost options over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         123,291 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     123,291 
                                        Nil 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Jim Stutelberg 
     ------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position / status               PDMR 
     ------------------------------  ----------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ----------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ----------------------------------------- 
 b)   Nature of the                   Grant of a conditional award over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ----------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         154,359 
                                                   ---------- 
     ------------------------------  ----------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     154,359 
                                        Nil 
 
             *    Price 
     ------------------------------  ----------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ----------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ----------------------------------------- 
 

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            Initial notification 
       / amendment 
     ------------------------------  ----------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ----------------------------------------- 
 b)   Nature of the                   Grant of a conditional award over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ----------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         157,475 
                                                   ---------- 
     ------------------------------  ----------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     157,475 
                                        Nil 
 
             *    Price 
     ------------------------------  ----------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  ----------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ----------------------------------------- 
 

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                            Melissa Law 
     ------------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status               PDMR 
     ------------------------------  -------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  -------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  -------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the vesting 
       transaction                     of nil-cost conditional awards over shares 
                                       for no consideration. 
     ------------------------------  -------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         6,293 
                                                   ---------- 
     ------------------------------  -------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     6,293 
                                        Nil 
 
             *    Price 
     ------------------------------  -------------------------------------------- 
 e)   Date of the                     2020-09-30 
       transaction 
     ------------------------------  -------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  -------------------------------------------- 
 

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END

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October 02, 2020 06:55 ET (10:55 GMT)

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