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Director/PDMR Shareholding

23 Dec 2013 16:35

RNS Number : 2787W
Treatt PLC
23 December 2013
 



 

 

 

 

23 December 2013

 

 

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 20 December 2013, details of which are below:

 

Director/PDMR

Daemmon Reeve

Richard Hope

Douglas Rash

Position

CEO

Group Finance Director

VP Global Sales - Treatt USA

Scheme

Unapproved

Approved

Unapproved

Date on which options become exercisable

20 December 2018

20 December 2016

20 December 2018

Exercise Price Per Share

736p

736p

736p

Description of shares involved

8,315 Ord shares

1,358 Ord shares

2,078 Ord shares

Number of shares over which options held following notification

24,589

6,572

6,330

 

The Options awarded are subject to performance criteria based upon growth in diluted earnings per share. The Options, or a proportion of them, only vest if the performance criteria is satisfied at the date on which the Options become exercisable.

 

Additionally, in accordance with Disclosure and Transparency Rule 3.1.2.(R), Richard Hope notified the Company that on 23 December 2013 he purchased 264 Ordinary shares in the Company at a price of 754p per share. The shares, which represent 0.0025 % of the issued share capital of the company, are registered in the name of Alliance Trust Savings Nominees.

 

Following this transaction Mr Hope's total beneficial holding stands at 28,269 shares being 0.27% of the issued share capital of the Company.

 

 

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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