Last checked at 3 Sep 2019 12:04
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