Director/PDMR Shareholding

Director/PDMR Shareholding

Tate & Lyle PLC

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the ‘Company’) announces that on 4 June 2018 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 Tate & Lyle Group Bonus Plan (‘GBP’), the 2012 Performance Share Plan (‘PSP’) and the 2016 Conditional Share Award plan (‘CSA’).

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	Â	Date of Shares released/exercised	Â	No. of Shares acquired under the GBP	Â	No. of Shares acquired under the PSP	Â	No. of Shares acquired under the CSA
Rowan Adams		4 June 2018		6,835		49,469		n/a
Joan Braca		4 June 2018		n/a		91,601		n/a
Rob Luijten		4 June 2018		8,103		58,642		12,613
Jim Stutelberg		4 June 2018		n/a		80,807		n/a

For tax purposes, the market value of the Shares, being the average of the two close prices on the date of the transaction, was 681.80 pence per Share.

No consideration was paid for the acquisition of these Shares.

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.

Awards made under the PSP are subject to the satisfaction of performance conditions over a three year performance period, which in this case ran from 1 April 2015 to 31 March 2018.

Awards made under the CSA were subject to certain Company-based financial performance criteria satisfied over a performance period which ran from 1 April 2016 to 31 March 2017. The Awards were further subject to a 12-month deferral period and continued employment to 31 March 2018.

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

6 June 2018

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	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 Identification code		Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC   GB0008754136
b)		Nature of the transaction		Acquisition of shares following the exercise of nil-cost options over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Volume(s) 56,304 Â
d)		Aggregated information   Aggregated volume Price		56,304 Nil Â
e)		Date of the transaction		2018-06-04
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.	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	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 Identification code		Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC   GB0008754136
b)		Nature of the transaction		Acquisition of shares following the release of nil-cost conditional awards over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Volume(s) 91,601 Â
d)		Aggregated information   Aggregated volume Price		  91,601 Nil Â
e)		Date of the transaction		2018-06-04
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.	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	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 Identification code		Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC   GB0008754136
b)		Nature of the transaction		Acquisition of shares following the release of nil-cost conditional awards over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Volume(s) 80,807 Â
d)		Aggregated information   Aggregated volume Price		80,807 Nil Â
e)		Date of the transaction		2018-06-04
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.	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	Rob Luijten
2.		Reason for the notification
a)		Position / status		PDMR – Executive Vice President, HR
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 Identification code		Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC   GB0008754136
b)		Nature of the transaction		Acquisition of shares following the exercise of nil-cost options over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Volume(s) 79,358 Â
d)		Aggregated information   Aggregated volume Price		79,358 Nil Â
e)		Date of the transaction		2018-06-04
f)		Place of the transaction		Outside a trading venue

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