Director/PDMR Shareholding

RNS Number : 0327L

Treatt PLC

19 December 2018

 

19 December 2018

TREATT PLC

("Treatt" or "the Company")

Notification of Transactions of Directors

In accordance with the requirements of the EU Market Abuse Regulation, the Company received notification on 18 December 2018 of the following transactions.

An award granted pursuant to the 2014 Long Term Incentive Plan ("2014 LTIP") to Richard Hope, Chief Financial Officer, in 2015 vested in full on 14 December 2018 and was subject to performance criteria based upon the average annual growth in pre-exceptional basic earnings per share over a three-year period. 

This exercise is detailed below, including the number of Ordinary Shares sold at a price of 410 pence per share to satisfy the tax and national insurance liabilities and administrative fees arising on exercise:

		Ordinary Shares received pursuant to 2014 LTIP	Ordinary Shares sold	Resultant interest in Ordinary Shares	Resultant % holding in total issued share capital
Richard Hope	CFO	110,678	52,019	350,274	0.59%

Contact details

Anita Steer

Company Secretary

++ 44 1284 770028

1	Details of the Director
a)	Name	Richard Hope
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Treatt Plc
b)	LEI	213800G40JM9F7G9LG39
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, type of instrument Identification code	Ordinary shares of 2 pence each GB00BKS7YK08
b)	Nature of transaction	a)    Exercise of 2015 LTIP b)    Sale of shares to satisfy tax UK liabilities
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		a) nil cost b) £4.10	110,678 52,019
d)	Aggregated information -      Aggregated volume -      Price	N/A (Single transaction)
e)	Date of the transaction	18 December 2018
f)	Place of the transaction	London Stock Exchange, XLON

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