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Director/PDMR Shareholding

29 Jun 2022 16:25

RNS Number : 6961Q
Tate & Lyle PLC
29 June 2022
 

 

Tate & Lyle PLC

 

Notification of a transaction by a Person Discharging Managerial Responsibilities

 

Tate & Lyle PLC (the 'Company') announces that on 27 June 2022, 11,984 ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') were acquired by Bill Magee, a Person Discharging Managerial Responsibilities under the 2012 Performance Share Plan ('PSP'). For tax purposes, the market value of the Shares was 778.6 pence per share. No consideration was paid for the acquisition of these Shares.

 

Awards made under the PSP in 2019 are subject to the satisfaction of performance conditions over a three-year performance period, which in this case ran from 1 April 2019 to 31 March 2022.

 

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

29 June 2022

 

 

 

 

 

 

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

Bill Magee

2.

Reason for the notification

a)

Position / status

President, Food & Beverage Solutions, North America

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 under the PSP following the release of nil-cost conditional awards over shares for no consideration

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

11,984

d)

Aggregated information

- Aggregated volume

- Price

 

 

11,984

 

Nil

e)

Date of the transaction

2022-06-27

f)

Place of the transaction

Outside a trading venue

 

 

 

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