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Director/PDMR Shareholding

3 Sep 2019 12:04

RNS Number : 0684L
Treatt PLC
03 September 2019
 

03 September 2019

TREATT PLC

("Treatt" or "the Company")

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

In accordance with the requirements of the EU Market Abuse Regulation, the Company received notification from Daemmon Reeve, Chief Executive Officer, on 2 September 2019 of the exercise of options under the 2016 Save As You Earn Share Option Scheme ("SAYE") and the resultant transfer of 8,000 Ordinary Shares to his wife for nil monetary consideration, details of which are below:

 

Details of the Director

a)

 

 

Name

Daemmon Reeve

2

Reason for the notification

a)

 

 

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

 Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Treatt Plc

b)

LEI

 213800G40JM9F7G9LG39

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

b)

Nature of transaction

a) Purchase of shares under the Treatt Plc 2016 Save As You earn Share Option Scheme

b) Transfer of shares to wife, Gemma Reeve 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

a) £1.38

b) Nil Cost

13,043

8,000

Aggregated information

- Aggregated volume

- Price

N/A (Single transaction)

e)

Date of the transaction

2 September 2019

f)

Place of the transaction

Outside a trading venue

 

Details of a Person Closely Associated

a)

 

Name

Gemma Reeve

2

Reason for the notification

a)

 

Position/status

PCA of Daemmon Reeve, CEO

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Treatt Plc

b)

LEI

213800G40JM9F7G9LG39

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, type of instrument

Identification code

Ordinary shares of 2 pence each

GB00BKS7YK08

b)

Nature of transaction

Transfer of shares for nil monetary consideration from Daemmon Reeve (husband)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil cost

 

8,000

 

Aggregated information

- Aggregated volume

- Price 

N/A (Single transaction)

e)

Date of the transaction

2 September 2019

f)

Place of the transaction

Outside a trading venue

 

The SAYE is an all employee scheme operated for UK employees which was approved by shareholders in January 2015. The options are exercisable at the end of a three-year saving plan.

Contact details

Anita Guernari

Company Secretary

++ 44 1284 770028

END

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END
 
 
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