Last checked at 29 Jun 2016 11:44
TATE & LYLE PLC
Director/PDMR Shareholding
Tate & Lyle PLC (the ‘Company’) was informed yesterday that on 28 June 2016 Robert Gibber, a Person Discharging Managerial Responsibilities, exercised 14,270 nil-cost options over ordinary shares of 25 pence each in the capital of the Company (‘Shares’) under the 2012 Performance Share Plan (‘PSP’). 6,731 Shares were sold on the London Stock Exchange at 651.50 pence per Share to pay for tax and sales costs. Mr Gibber retained the remaining Shares.
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 2013 to 31 March 2016.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
Lucie Gilbert
Company Secretary
29 June 2016
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