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23 Nov 2016 10:06
Tate & Lyle PLC
Notification of transactions by Person Discharging Managerial Responsibilities
Tate & Lyle PLC (the ‘Company’) announces that on 22 November 2016 Nick Hampton, a Person Discharging Managerial Responsibilities, exercised 96,680 nil-cost options over ordinary shares of 25 pence each in the capital of the Company (‘Shares’), in accordance with the Restricted Share Award that was granted to him on 18 November 2014, details of which are set out in the Annual Report 2015. 45,600 Shares were sold at 696.00 pence per Share on the London Stock Exchange to cover Mr Hampton’s tax liabilities and sale costs. Mr Hampton retained the remaining Shares and now holds an interest in a total of 122,161 Shares in the Company.
The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Lucie Gilbert
Company Secretary
23 November 2016
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 | Nick Hampton | |||
| 2. | Reason for the notification | ||||
| a) | Position / status | PDMR – Chief Financial 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 | Exercise of nil-cost options over shares for no consideration | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
Nil 96,680
| |||
| d) | Aggregated information Aggregated volume Price |
96,680 Nil | |||
| e) | Date of the transaction | 2016-11-22 | |||
| f) | Place of the transaction | Outside a trading venue | |||
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 | Nick Hampton | |||
| 2. | Reason for the notification | ||||
| a) | Position / status | PDMR – Chief Financial 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 | Sale of shares to cover tax liabilities and sale costs arising on exercise of options. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
GBP6.96 45,600
| |||
| d) | Aggregated information Aggregated volume Price |
45,600 GBP317,376 | |||
| e) | Date of the transaction | 2016-11-22 | |||
| f) | Place of the transaction | London Stock ExchangeXLON | |||
View source version on businesswire.com: http://www.businesswire.com/news/home/20161123005212/en/
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