28 Jun 2018 17:37
Tate & Lyle PLC
Notification of transaction by a Person Discharging Managerial Responsibilities
Tate & Lyle PLC (the ‘Company’) was informed that on 28 June 2018, Joan Braca, a Person Discharging Managerial Responsibilities, sold 15,829 ordinary shares of 25 pence each in the capital of the Company at a share price of 640.60 pence per share to satisfy certain further tax obligations arising from the release of share awards from previous years.
The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Claire-Marie O’GradyCompany Secretary28 June 2018
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1. | Details of PDMR / person closely associated with them (“PCA”) | ||||
| a) | Name | Joan Braca | |||
| 2. | Reason for the notification | ||||
| a) | Position / status | PDMR – President, Food & Beverage Solutions | |||
| b) | Initial notification / amendment | Initial notification | |||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tate & Lyle PLC | |||
| b) | LEI | 2138008K14474WPKZ244 | |||
| 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 Identification code | Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC
GB0008754136 | |||
| b) | Nature of the transaction | Sale of ordinary shares to satisfy certain further tax obligations arising from the release of share awards from previous years. | |||
| c) | Price(s) and volume(s) | Price(s) £6.4060 Volume(s) 15,829 | |||
| d) | Aggregated information Aggregated volume Price | 15,829 £101,400.57 | |||
| e) | Date of the transaction | 2018-06-28 | |||
| f) | Place of the transaction | London Stock Exchange XLON | |||
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Tate & Lyle (TATE)