Tate & Lyle PLC Director/PDMR Shareholding (4930L)
September 06 2019 - 5:15AM
UK Regulatory
TIDMTATE
RNS Number : 4930L
Tate & Lyle PLC
06 September 2019
Tate & Lyle PLC
Notification of transaction by Person Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') was informed that 15,064
ordinary shares of 25 pence each in the capital of the Company
('Shares') were released on 4 September 2019 to Andrew Taylor, a
Person Discharging Managerial Responsibilities, in accordance with
the Restricted Share Award that was granted to him on 24 November
2017. 4,414 shares were withheld to satisfy certain tax obligations
arising on the release of the Shares. As a result, Mr. Taylor
acquired and retained a total of 10,650 Shares. For tax purposes,
the market value of the Shares, being the average of the two
closing prices on the date of the transaction, was 743 pence per
share. No consideration was paid for the acquisition of these
Shares.
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
Claire-Marie O'Grady
Company Secretary
6 September 2019
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated with them
("PCA")
a) Name Andrew Taylor
------------------------------ ---------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position / status PDMR
------------------------------ ---------------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ ---------------------------------------------
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 Ordinary shares of 25 pence each in the
of the financial capital of Tate & Lyle PLC
instrument GB0008754136
Identification
code
------------------------------ ---------------------------------------------
b) Nature of the Acquisition of shares following the exercise
transaction of nil-cost conditional awards over shares
for no consideration.
------------------------------ ---------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil 10,650
----------
------------------------------ ---------------------------------------------
d) Aggregated information
* Aggregated volume 10,650
Nil
* Price
------------------------------ ---------------------------------------------
e) Date of the 2019-09-04
transaction
------------------------------ ---------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ ---------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHUNUWRKVAKRRR
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