Last checked at 6 Dec 2021 12:32
6 December 2021
TREATT PLC
("Treatt" or "the Company")
Notification of Transactions of Director
As previously announced on 30 June 2021, Richard Hope, Chief Financial Officer, had informed the Board of his intention to retire on 30 June 2022. As part of this managed process, Richard has taken the decision to reduce his shareholding in Treatt as part of managing his personal financial portfolio. Accordingly, on 3 December 2021, Richard sold 160,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") at a price of £11.00 per share on 3 December 2021. Additionally, Tracey Smith, a PCA of Richard Hope, sold 180,968 Ordinary Shares at a price of £11.00 per share on 3 December 2021.
Following this transaction, Richard maintains an interest in 57,956 Ordinary Shares, and retains options over a further 137,135 Ordinary Shares subject to performance conditions.
1 | Details of the person discharging managerial responsibilities | ||
a) | Name | Richard Hope | |
2 | Reason for the notification | ||
a)
| Position/status | Chief Financial 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 | ||
a) | Description of the financial instrument, type of instrument Identification code
| Ordinary shares of 2 pence each
GB00BKS7YK08 | |
b) | Nature of transaction
| Sale of ordinary shares
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
£11.00 | 160,000 | ||
Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||
e) | Date of the transaction | 3 December 2021
| |
f) | Place of the transaction | London Stock Exchange, XLON | |
1 | Details of the person closely associated | ||
a) | Name | Tracey Smith | |
2 | Reason for the notification | ||
a)
| Position/status | PCA of Richard Hope | |
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
| Sale of ordinary shares
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
£11.00 | 180,968 | ||
Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||
e) | Date of the transaction | 3 December 2021
| |
f) | Place of the transaction | London Stock Exchange, XLON | |
Contact details
Anita Guernari
Company Secretary
++ 44 1284 770028
END