TIDMTATE
Tate & Lyle PLC
Notification of transaction by Persons Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') announces that it was
informed yesterday that on 31 March 2017 the following transactions
occurred by Persons Discharging Managerial Responsibilities
("PDMR") in respect of their interests in ordinary shares of 25
pence each in the capital of the Company ('Shares') under the 2015
Conditional Share Award programme ('CSA'):
Name No. of Shares No. No. of Shares No of Shares
released of nil-cost disposed retained
options at 770.30 pence
exercised per
share to pay
for tax
and sale costs
Rowan Adams - 18,296 8,630 9,666
Joan Braca 57,887 - 27,303 30,584
Robert Gibber 61,850 29,172 32,678
Rob Luijten - 44,849 21,154 23,695
Pierre 44,056 - - 44,056
Schoumacher
No consideration was paid for the acquisition of these Shares.
Awards made under the CSA were subject to certain Company-based
financial performance criteria satisfied over a performance period
which ran from 1 April 2015 to 31 March 2016. The Awards were
further subject to a 12-month deferral period and continued
employment to 31 March 2017.
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 Secretary4 April 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 Rowan Adams
2. Reason for the notification
a) Position / status PDMR - Executive Vice President, 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 Exercise of nil-cost options over shares for no consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 18,296
d) Aggregated information
18,296
Aggregated volume Price
Nil
e) Date of the transaction 2017-03-31
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 Vice President, 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 Sale of shares to cover tax liabilities and sale costs arising on exercise of options.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP7.703 8,630
d) Aggregated information
8,630
Aggregated volume Price
GBP66,476.89
e) Date of the transaction 2017-03-31
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 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 Release of nil-cost conditional awards over shares for no consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 57,887
d) Aggregated information
57,887
Aggregated volume Price
Nil
e) Date of the transaction 2017-03-31
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 Sale of shares to cover tax liabilities and sale costs arising on release of conditional awards.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP7.703 27,303
d) Aggregated information
27,303
Aggregated volume Price
GBP210,315.01
e) Date of the transaction 2017-03-31
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 Robert Gibber
2. Reason for the notification
a) Position / status PDMR - Executive Vice President and 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 Exercise of nil-cost options over shares for no consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 61,850
d) Aggregated information
61,850
Aggregated volume Price
Nil
e) Date of the transaction 2017-03-31
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 Vice President and 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 Sale of shares to cover tax liabilities and sale costs arising on exercise of options.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP7.703 29,172
d) Aggregated information
29,172
Aggregated volume Price
GBP224,711.92
e) Date of the transaction 2017-03-31
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 Rob Luijten
2. Reason for the notification
a) Position / status PDMR - Executive Vice President, 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 Exercise of nil-cost options over shares for no consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 44,849
d) Aggregated information
44,849
Aggregated volume Price
Nil
e) Date of the transaction 2017-03-31
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 Vice President, 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 Sale of shares to cover tax liabilities and sale costs arising on exercise of options.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP7.703 21,154
d) Aggregated information
21,154
Aggregated volume Price
GBP162,949.26
e) Date of the transaction 2017-03-31
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 Pierre Schoumacher
2. Reason for the notification
a) Position / status PDMR - President, Global Operations
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 nil-cost conditional awards over shares for no consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 44,056
d) Aggregated information
44,056
Aggregated volume Price
Nil
e) Date of the transaction 2017-03-31
f) Place of the transaction Outside a trading venue
View source version on businesswire.com:
http://www.businesswire.com/news/home/20170404005950/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
April 04, 2017 10:09 ET (14:09 GMT)
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