Last checked at 20 Jun 2014 10:14
Tate & Lyle PLC
Director/PDMR Shareholding
Tate & Lyle PLC (the ‘Company’) was informed yesterday of the following transactions by Persons Discharging Managerial Responsibility in respect of their interests in ordinary shares of 25 pence each in the capital of the Company (‘Shares’):
120,540 Shares were released to Matthew Wineinger under the Company’s 2003 Performance Share Plan (‘PSP’) of which 59,696 Shares were sold at 671.56 pence per Share to pay for tax and sale costs. Mr Wineinger retained the remaining Shares. 74,588 Shares were released to Olivier Rigaud under the PSP and all Shares were sold at 671.56 pence per Share.No consideration was paid for the acquisition of these Shares. Awards made under the PSP are subject to the satisfaction of performance conditions over a three year performance period, which in this case was 1 April 2011 to 31 March 2014.
All transactions occurred on the London Stock Exchange on 19 June 2014.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
Lucie Gilbert
Company Secretary
20 June 2014
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