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Director/PDMR Shareholding

29 Jul 2014 10:03

RNS Number : 5944N
Treatt PLC
29 July 2014
 



29 July 2014

 

 

TREATT PLC

("Treatt" or "the Company")

 

 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility ("PDMR")

 

Treatt announces that the following Directors and PDMR were granted Share Options by the Company on 10 July 2014 under the Save As You Earn Share Option Scheme ("SAYE") andEmployee Stock Purchase Plan ("ESPP"), details of which are below:

 

Director/PDMR

Daemmon Reeve

Richard Hope

Douglas Rash

Position

CEO

Group Finance Director

VP Global Sales - Treatt USA

Scheme

ESPP

SAYE

ESPP

Date on which options become exercisable

24 July 2015

1 September 2017 for 6 months

24 July 2015

Exercise Price Per Share

147p

138p

147p

Description of shares involved

5,158 Ord shares

4,434 Ord shares

1,547 Ord shares

Number of shares over which options held following notification

128,103

37,294

33,197

 

The SAYE Share Option Scheme is an all employee scheme operated for UK employees which was approved by shareholders in February 2005. The exercise price of options granted under the SAYE Share Option Scheme is 138 pence per Share and the options are exercisable at the end of a three year saving plan.

 

The ESPP is an all employee scheme operated for US employees which was approved by shareholders in February 2005. The exercise price of options granted under the ESPP is 147 pence per Share and the options are exercisable at the end of a one year saving plan.

 

 

Contact details

 

Anita Steer

Company Secretary

++ 44 1284 770028

 

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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