Last checked at 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.
The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
Claire-Marie O'Grady
Company Secretary
4 October 2021
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 | 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
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) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
41,490
Nil | ||||
e) | Date of the transaction | 2021-09-30 | ||||
f) | Place of the transaction | Outside a trading venue | ||||