Director/PDMR Shareholding

Tate & Lyle PLC

04 June 2024

 

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') announces that on 3 June 2024 the following transactions occurred by Persons Discharging Managerial Responsibilities ('PDMR') in respect of their interests in ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') under the Tate & Lyle Group Bonus Plan ('GBP') and the 2020 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	No. of Shares acquired under the PSP	No. of Shares acquired under the GBP
Nick Hampton	100,940	100
Rowan Adams	40,160	-
Lindsay Beardsell	56,916	-
Melissa Law	66,450	-
Andrew Taylor	108,657	1,236
Victoria Spadaro Grant	81,809	3,472
Bill Magee	49,232	-
Tamsin Vine	4,224	-

For tax purposes, the market value of the Shares was 681.86 pence per Share. No consideration was paid for the acquisition of these Shares.

Awards made under the GBP in 2022 were subject to the satisfaction of employment conditions. Details of the operation of the GBP are contained within the Annual Report 2022.

Awards made under the PSP in 2021 are subject to the satisfaction of performance conditions over a three-year performance period, which in this case ran from 1 April 2021 to 31 March 2024. 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 UK Market Abuse Regulation, provide further detail.

Claire-Marie O'Grady

Company Secretary

4 June 2024

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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the GBP and 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 100,940 Nil 100
d)	Aggregated information -     Aggregated volume -     Price	101,040 Nil
e)	Date of the transaction	2024-06-03
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	Executive VP, 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 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 a nil-cost conditional award over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 40,160
d)	Aggregated information -     Aggregated volume -     Price	40,160 Nil
e)	Date of the transaction	2024-06-03
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	Executive VP, 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 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 a nil-cost conditional award over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 56,916
d)	Aggregated information -     Aggregated volume -     Price	56,916 Nil
e)	Date of the transaction	2024-06-03
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	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 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 a nil-cost conditional award over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 66,450
d)	Aggregated information -     Aggregated volume -     Price	66,450 Nil
e)	Date of the transaction	2024-06-03
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 Asia, Middle East, Africa and Latin 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 GBP and 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 108,657 Nil 1,236
d)	Aggregated information -     Aggregated volume -     Price	109,893 Nil
e)	Date of the transaction	2024-06-03
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	Victoria Spadaro Grant
2.	Reason for the notification
a)	Position / status	President, Innovation and Commercial Development
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 GBP and 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 81,809 Nil 3,472
d)	Aggregated information -     Aggregated volume -     Price	85,281 Nil
e)	Date of the transaction	2024-06-03
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	Bill (William) Magee
2.	Reason for the notification
a)	Position / status	President, 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 49,232
d)	Aggregated information -     Aggregated volume -     Price	49,232 Nil
e)	Date of the transaction	2024-06-03
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	Tamsin Vine
2.	Reason for the notification
a)	Position / status	Chief Human Resources Officer
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 a nil-cost conditional award over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 4,224
d)	Aggregated information -     Aggregated volume -     Price	4,224 Nil
e)	Date of the transaction	2024-06-03
f)	Place of the transaction	Outside a trading venue

 

 

 

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