Last checked at 4 Mar 2024 14:00
Tate & Lyle PLC
Notification of transaction by Person Discharging Managerial Responsibilities
Tate & Lyle PLC (the 'Company') was informed that 1,742 ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') were released on 1 March 2024 to Tamsin Vine, a Person Discharging Managerial Responsibilities, in accordance with the Restricted Share Award that was granted to her on 11 November 2021. 819 shares were withheld to satisfy tax obligations arising on the release of the Shares. As a result, Ms. Vine acquired and retained a total of 923 Shares. For tax purposes, the market value of the Shares was 605 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 March 2024
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 | Tamsin Vine | ||||
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 29 1/6 pence each in the capital of Tate & Lyle PLC
GB00BP92CJ43 | ||||
b) | Nature of the transaction | Acquisition of shares following the vesting of a nil-cost conditional award over shares for no consideration. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
923
Nil | ||||
e) | Date of the transaction | 2024-03-01 | ||||
f) | Place of the transaction | Outside a trading venue | ||||