Last checked at 29 May 2014 17:15
Tate & Lyle PLC
Director/PDMR Shareholding
Tate & Lyle PLC (the “Company”) has been informed of the following transactions that occurred today under the Company’s Group Bonus Plan (‘GBP’):
Tim Lodge (Executive Director) exercised 1,131 nil-cost options and retained all shares following exercise. Mr Lodge now has an interest in 317,522 shares. 1,012 shares were released to Matthew Wineinger (Person Discharging Managerial Responsibilities), of which 332 shares were sold at 701.00 pence per share to pay for tax and sale costs. Mr Wineinger retained the remaining shares.No consideration was paid for the acquisition of these shares and all transactions occurred on the London Stock Exchange.
The above awards were made under the GBP in 2012 and were subject to the satisfaction of employment conditions. Details of the operation of the GBP are contained within the Annual Report 2012.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
Lucie Gilbert
Company Secretary
29 May 2014
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