Tate & Lyle PLC Director/PDMR Shareholding (7678H)
December 07 2020 - 6:06AM
UK Regulatory
TIDMTATE
RNS Number : 7678H
Tate & Lyle PLC
07 December 2020
Tate & Lyle PLC
Notification of transaction by Persons Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') announces that a grant of
nil-cost options over the Company's ordinary shares of 25 pence
each in the capital of the Company ('Shares') was made on 3
December 2020 under the Tate & Lyle Performance Share Plan 2020
('PSP') to the Person Discharging Managerial Responsibilities
('PDMR') detailed in the table below:
PDMR No. of Shares subject to award
Victoria Spadaro Grant 160,278
-------------------------------
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.
No consideration is payable for the grant or exercise of the
options.
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
Claire-Marie O'Grady
Company Secretary
7 December 2020
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 Victoria Spadaro Grant
------------------------------ ----------------------------------------
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 awards 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 160,278
----------
------------------------------ ----------------------------------------
d) Aggregated information
* Aggregated volume 160,278
Nil
* Price
------------------------------ ----------------------------------------
e) Date of the 2020-12-03
transaction
------------------------------ ----------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ ----------------------------------------
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END
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