Director/PDMR Shareholding

RNS Number : 6961Q

Tate & Lyle PLC

29 June 2022

 

Tate & Lyle PLC

Notification of a transaction by a Person Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') announces that on 27 June 2022, 11,984 ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') were acquired by Bill Magee, a Person Discharging Managerial Responsibilities under the 2012 Performance Share Plan ('PSP'). For tax purposes, the market value of the Shares was 778.6 pence per share. No consideration was paid for the acquisition of these Shares.

Awards made under the PSP in 2019 are subject to the satisfaction of performance conditions over a three-year performance period, which in this case ran from 1 April 2019 to 31 March 2022.

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

Claire-Marie O'Grady

Company Secretary

29 June 2022

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	Bill Magee
2.	Reason for the notification
a)	Position / status	President, Food & Beverage Solutions, North America
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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the PSP following the release of nil-cost conditional awards over shares for no consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 11,984
d)	Aggregated information -  Aggregated volume -  Price	11,984 Nil
e)	Date of the transaction	2022-06-27
f)	Place of the transaction	Outside a trading venue

 

 

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