4 Oct 2021 14:30
Tate & Lyle PLC
Notification of transaction by a Person Discharging Managerial Responsibilities
Tate & Lyle PLC (the 'Company') was informed that 78,284 ordinary shares of 25 pence each in the capital of the Company ('Shares') were exercised on 30 September 2021 by Laura Hagan, a Person Discharging Managerial Responsibilities, under the Tate & Lyle 2012 Performance Share Plan. 36,794 Shares were withheld to satisfy certain tax obligations arising on the release of the Shares. As a result, Ms Hagan acquired and retained a total of 41,490 Shares. For tax purposes, the market value of the Shares was 693.8 pence per Share. No consideration was paid for the acquisition of these Shares.
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The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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Claire-Marie O'Grady
Company Secretary
4 October 2021
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | Laura Hagan | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chief Human Resources 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 Identification code | Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC Â GB0008754136 | ||||
b) | Nature of the transaction | Acquisition of shares following the exercise of nil-cost options over shares for no consideration. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Â Â 41,490 Â Nil | ||||
e) | Date of the transaction | 2021-09-30 | ||||
f) | Place of the transaction | Outside a trading venue |
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