Director/PDMR Shareholding

RNS Number : 3573J
Treatt PLC
15 July 2013
 



 

 

15 July 2013

 

 

TREATT PLC

("Treatt" or "the Company")

 

 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility ("PDMR")

 

Treatt announces that the following Directors and PDMR were granted Share Options by the Company on 15 July 2013 under the Save As You Earn Share Option Scheme ("SAYE") andEmployee Stock Purchase Plan ("ESPP"), details of which are below:

 

Director/PDMR

Daemmon Reeve

Richard Hope

Douglas Rash

Position

CEO

Group Finance Director

VP Global Sales - Treatt USA

Scheme

ESPP

SAYE

ESPP

Date on which options become exercisable

25 July 2014

1 September 2016 for 6 months

25 July 2014

Exercise Price Per Share

501p

489p

501p

Description of shares involved

635 Ord shares

588 Ord shares

343 Ord shares

Number of shares over which options held following notification

17,362

6,511

4,840

 

The SAYE Share Option Scheme is an all employee scheme operated for UK employees which was approved by shareholders in February 2005. The exercise price of options granted under the SAYE Share Option Scheme is 489 pence per Share and the options are exercisable at the end of a three year saving plan.

 

The ESPP is an all employee scheme operated for US employees which was approved by shareholders in February 2005. The exercise price of options granted under the ESPP is 501 pence per Share and the options are exercisable at the end of a one year saving plan.

 



 

Contact details

 

Anita Steer

Company Secretary

++ 44 1284 770028

 

END


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