Tate & Lyle PLC Director/PDMR Shareholding
May 29 2018 - 12:54PM
UK Regulatory
TIDMTATE
Tate & Lyle PLC
Notification of transaction by Persons Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') announces that it was
informed on 25 May 2018 that 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 Tate & Lyle Group Bonus
Plan ('GBP').
Following the withholding of Shares to satisfy certain tax
obligations arising on the release of Shares, the PDMR's interests
in Shares changed as detailed in the table below:
PDMR Date of Transaction No. of Shares acquired under the GBP
Joan Braca 25 May 2018 4,965
Jim Stutelberg 25 May 2018 9,079
For tax purposes, the market value of the Shares, being the
average of the two close prices on the date of the transaction, was
670.80 pence per Share on 25 May 2018.
No consideration was paid for the acquisition of these Shares.
These awards were made under the GBP in 2016 and were subject to
the satisfaction of employment conditions. Details of the operation
of the GBP are contained within the Annual Report 2016.
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
29 May 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 Joan Braca
2. Reason for the notification
a) Position / status PDMR - President, Food & Beverage Solutions
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 4,965
d) Aggregated information
4,965
Aggregated volume Price
Nil
e) Date of the transaction 2018-05-25
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 Jim Stutelberg
2. Reason for the notification
a) Position / status PDMR - President, Primary Products
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 9,079
d) Aggregated information
9,079
Aggregated volume Price
Nil
e) Date of the transaction 2018-05-25
f) Place of the transaction Outside a trading venue
View source version on businesswire.com:
https://www.businesswire.com/news/home/20180529006012/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
May 29, 2018 12:54 ET (16:54 GMT)
Tate & Lyle (LSE:TATE)
Historical Stock Chart
From Apr 2024 to May 2024
Tate & Lyle (LSE:TATE)
Historical Stock Chart
From May 2023 to May 2024