Director/PDMR Shareholding

RNS Number : 5802B

Treatt PLC

17 June 2016

 

17 June 2016

TREATT PLC

("Treatt" or "the Company")

Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMRs")

Treatt announces that on 13 June 2016 the following PDMRs were awarded Restricted Stock Units under the Treatt Plc Long Term Incentive Plan. 

Name	Douglas Rash	Melanie Cooksey	Kevin Butler
Position	Treatt USA Group VP - Global Sales	Treatt USA VP Global Citrus Procurement and TUSA Supply Chain Management	Treatt USA VP of Operations and Innovation
Scheme	LTIP - Restricted Stock Units	LTIP - Restricted Stock Units	LTIP - Restricted Stock Units
Date on which options become exercisable	13 June 2019	13 June 2019	13 June 2019
Exercise Price Per Share	nil	nil	nil
Description of shares involved	59,934 Ord shares	27,684 Ord shares	7,368 Ord shares
Number of shares over which options held following notification	197,834	75,987	8,308

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%. 

Contact details

Anita Steer

Company Secretary

++ 44 1284 770028

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