10 June 2015
TREATT PLC
("Treatt" or "the Company")
Notification of a Transaction of a Person Discharging Managerial Responsibility ("PDMR")
Treatt announces that on 5 June 2015 Douglas Rash, the VP Global Sales of Treatt USA, was awarded 58,301 Restricted Stock Units under the Treatt Plc Long Term Incentive Plan.
|
The Restricted Stock Units, which are nil cost, are subject to continued employment within the Treatt Group and performance criteria based upon average annual growth in pre-exceptional basic earnings per share over a three year period. The Restricted Stock Units only vest if the performance criteria is satisfied at the date of vesting. Performance above a minimum threshold triggers vesting on a pro rata basis rising incrementally to 100%.
Following this notification Mr Rash holds options over 133,686 Ordinary shares of the Company.
Contact details
Anita Steer
Company Secretary
++ 44 1284 770028
END