22 Jun 2016 13:49
Tate & Lyle PLC
Director/PDMR Shareholding
Tate & Lyle PLC (the ‘Company’) has been informed that a grant of options and awards over the Company’s ordinary shares of 25 pence each in the capital of the Company (‘Shares’) was made today to Executive Directors and Persons Discharging Managerial Responsibilities (‘PDMR’) as detailed in the table below:
| Name | Role | Form of award (Option/ Conditional Award) | Deferred Bonus1 | Conditional Share Awards programme2 | |||||
| Rowan Adams | PDMR | Option | 12,897 | 70,000 | |||||
| Javed Ahmed | Executive Director | Option | 42,742 | - | |||||
| Joan Braca | PDMR | Conditional Award | 9,369 | 90,000 | |||||
| Robert Gibber | PDMR | Option | 18,524 | 80,000 | |||||
| Nick Hampton | Executive Director | Option | 29,368 | - | |||||
| Rob Luijten | PDMR | Option | 15,289 | 80,000 | |||||
| Gabriella Parisse | PDMR | Conditional Award | 7,993 | 70,000 | |||||
| Pierre Schoumacher | PDMR | Conditional Award | 11,755 | 70,000 | |||||
| James Stutelberg | PDMR | Conditional Award | 12,842 | 90,000 |
1 Options and awards for the Deferred Bonus are awarded under the Tate & Lyle Group Bonus Plan (‘GBP’) in respect of the year ended 31 March 2016. No consideration is payable for the grant or exercise of the options or awards under the GBP. Further information on the operation of the GBP is provided in the Annual Report 2016.
2 Options and awards under the Conditional Share Award programme will only vest to the extent that certain Company-based financial performance criteria are satisfied over a performance period which runs from 1 April 2016 to 31 March 2017. No consideration is payable for the grant or exercise of the options or awards. Options and awards will be subject to a 12-month deferral period and continued employment to 31 March 2018.
All the above transactions took place in London.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA’s Disclosure and Transparency Rules.
Lucie Gilbert
Company Secretary
22 June 2016
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Tate & Lyle (TATE)