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25 Jun 2015 13:57
TATE & LYLE PLC
Director/PDMR Shareholding
Tate & Lyle PLC (the ‘Company’) has been informed that today Robert Gibber, a Person Discharging Managerial Responsibility, exercised 22,350 nil-cost options over ordinary shares of 25 pence each in the capital of the Company (‘Shares’) under the 2003 Performance Share Plan (‘PSP’), of which 10,542 Shares were sold at 538.50 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 2012 to 31 March 2015.
All transactions occurred on the London Stock Exchange.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
Jaime Tham
Deputy Company Secretary
25 June 2015
View source version on businesswire.com: http://www.businesswire.com/news/home/20150625005694/en/
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