Director/PDMR Shareholding

RNS Number : 2787W

Treatt PLC

23 December 2013

 



23 December 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 20 December 2013, details of which are below:

Director/PDMR Daemmon Reeve Richard Hope Douglas Rash Position CEO Group Finance Director VP Global Sales - Treatt USA Scheme Unapproved Approved Unapproved Date on which options become exercisable 20 December 2018 20 December 2016 20 December 2018 Exercise Price Per Share 736p 736p 736p Description of shares involved 8,315 Ord shares 1,358 Ord shares 2,078 Ord shares Number of shares over which options held following notification 24,589 6,572 6,330 The Options awarded are subject to performance criteria based upon growth in diluted earnings per share. The Options, or a proportion of them, only vest if the performance criteria is satisfied at the date on which the Options become exercisable.

Additionally, in accordance with Disclosure and Transparency Rule 3.1.2.(R), Richard Hope notified the Company that on 23 December 2013 he purchased  264  Ordinary shares in the Company at a price of  754p per share.  The shares, which represent 0.0025 % of the issued share capital of the company, are registered in the name of Alliance Trust Savings Nominees. Following this transaction Mr Hope's total beneficial holding stands at 28,269 shares being 0.27% of the issued share capital of the Company.

Contact details

Anita Steer

Company Secretary

++ 44 1284 770028

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