Director/PDMR Shareholding

RNS Number : 3800B

Tate & Lyle PLC

09 June 2021

 

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Tate & Lyle PLC (the 'Company') announces that on 7 June 2021 the following transactions occurred by Persons Discharging Managerial Responsibilities ('PDMR') and their Persons Closely Associated ('PCA') in respect of their interests in ordinary shares of 25 pence each in the capital of the Company ('Shares') under the Tate & Lyle 2012 Performance Share Plan ('PSP').

Following the withholding of Shares to satisfy certain tax obligations arising on the release of Shares, PDMR interests in Shares changed as detailed in the table below:

PDMR	Date Shares released	No. of Shares acquired	No. of Shares transferred to PCA as a gift
Nick Hampton	7 June 2021	100,332	n/a
Rowan Adams	7 June 2021	39,921	39,921
Melissa Law	7 June 2021	65,653	n/a
Andrew Taylor	7 June 2021	59,049	n/a
Jim Stutelberg	7 June 2021	68,599	n/a
Lindsay Beardsell	7 June 2021	52,806	n/a

For tax purposes, the market value of the Shares was 791.4 pence per Share.

No consideration was paid for the acquisition of these Shares.

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 2018 to 31 March 2021. The PSP award acquired by Mr Hampton is subject to a further two-year post-vesting holding period.

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

Claire-Marie O'Grady

Company Secretary

9 June 2021

 

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	Chief Executive
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) Volume(s) Nil 100,332
d)	Aggregated information -  Aggregated volume -  Price	100,332 Nil
e)	Date of the transaction	2021-06-07
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	Rowan Adams
2.	Reason for the notification
a)	Position / status	EVP 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) Volume(s) Nil 39,921
d)	Aggregated information -  Aggregated volume -  Price	39,921 Nil
e)	Date of the transaction	2021-06-07
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	Rowan Adams
2.	Reason for the notification
a)	Position / status	EVP 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	Transfer of shares as a gift to Sarah Adams, Person Closely Associated
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 39,921
d)	Aggregated information -  Aggregated volume -  Price	39,921 Nil
e)	Date of the transaction	2021-06-07
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

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Sarah Adams
2.	Reason for the notification
a)	Position / status	PCA to Rowan Adams
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	Receipt of shares as a gift from Rowan Adams
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 39,921
d)	Aggregated information -  Aggregated volume -  Price	39,921 Nil
e)	Date of the transaction	2021-06-07
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

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Melissa Law
2.	Reason for the notification
a)	Position / status	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 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) Volume(s) Nil 65,653
d)	Aggregated information -  Aggregated volume -  Price	65,653 Nil
e)	Date of the transaction	2021-06-07
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	Andrew Taylor
2.	Reason for the notification
a)	Position / status	President, Emerging Markets
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) Volume(s) Nil 59,049
d)	Aggregated information -  Aggregated volume -  Price	59,049 Nil
e)	Date of the transaction	2021-06-07
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	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) Volume(s) Nil 68,599
d)	Aggregated information -  Aggregated volume -  Price	68,599 Nil
e)	Date of the transaction	2021-06-07
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	Lindsay Beardsell
2.	Reason for the notification
a)	Position / status	EVP, 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 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) Volume(s) Nil 52,806
d)	Aggregated information -  Aggregated volume -  Price	52,806 Nil
e)	Date of the transaction	2021-06-07
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHUKSSRANUNRAR