TIDMTATE
Tate & Lyle PLC
Notification of transactions by Persons Discharging Managerial
Responsibilities
Tate & Lyle PLC (the "Company") announces that a grant of
options and awards over the Company's ordinary shares of 25 pence
each in the capital of the Company ("Shares") was made on 10 August
2016 under the Tate & Lyle Performance Share Plan 2012 ("PSP")
to Persons Discharging Managerial Responsibilities ("PDMR") as
detailed in the table below:
PDMR No. of Shares subject to award
Javed Ahmed (Chief Executive) 374,124
Nick Hampton (Chief Financial Officer) 266,064
Rowan Adams 129,724
Joan Braca 186,803
Robert Gibber 173,463
Rob Luijten 145,291
Gabriella Parisse 183,003
Pierre Schoumacher 109,054
Jim Stutelberg 167,691
Awards under the PSP are structured as either nil-cost options
or conditional awards. Options and awards granted under the PSP
will only vest to the extent that certain performance criteria are
satisfied by the Company over a three-year performance period which
runs from 1 April 2016 to 31 March 2019. These criteria are
described in the Annual Report 2016. No consideration is payable
for the grant or exercise of the options or awards.
The notifications below, which have been made in accordance with
the requirements of the EU Market Abuse Regulation, provide further
detail.
Lucie Gilbert
Company Secretary
12 August 2016
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Javed Ahmed
2. Reason for the notification
a) Position / status PDMR - Chief Executive
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
374,124
d) Aggregated information 374,124Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Nick Hampton
2. Reason for the notification
a) Position / status PDMR - Chief Financial Officer
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
266,064
d) Aggregated information 266,064Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Rowan Adams
2. Reason for the notification
a) Position / status PDMR - Executive VP, Corporate Affairs
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
129,724
d) Aggregated information 129,724Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Joan Braca
2. Reason for the notification
a) Position / status PDMR - President, Speciality Food Ingredients
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
186,803
d) Aggregated information 186,803Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Robert Gibber
2. Reason for the notification
a) Position / status PDMR - Executive VP, General Counsel
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
173,463
d) Aggregated information 173,463Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Rob Luijten
2. Reason for the notification
a) Position / status PDMR - Executive VP, Human Resources
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
145,291
d) Aggregated information 145,291Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Gabriella Parisse
2. Reason for the notification
a) Position / status PDMR - President, Innovation and Commercial Development
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
183,003
d) Aggregated information 183,003Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Pierre Schoumacher
2. Reason for the notification
a) Position / status PDMR - President, Global Operations
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
109,054
d) Aggregated information 109,054Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of PDMR / person closely associated with them ("PCA")
a) Name Jim Stutelberg
2. Reason for the notification
a) Position / status PDMR - President, Bulk Ingredients
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
Identification code
GB0008754136
b) Nature of the transaction Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012
c) Price(s) and volume(s) Price(s)
Volume(s)
Nil
167,691
d) Aggregated information 167,691Nil
Aggregated volume Price
e) Date of the transaction 2016-08-10
f) Place of the transaction Outside a trading venue
View source version on businesswire.com:
http://www.businesswire.com/news/home/20160812005156/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
August 12, 2016 05:11 ET (09:11 GMT)
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