8 Nov 2013 13:08
Tate & Lyle PLC – 8 November 2013
Director/PDMR Shareholding
Tate & Lyle PLC (the “Company”) has been informed that Tim Lodge, an Executive Director of the Company, today exercised the following nil-cost options over ordinary shares of 25 pence each (“Shares”) under the Company’s Performance Share Plan 2003 (“PSP”) and Group Bonus Plan (“GBP”):
| Type of award | Date of award | No of nil-cost options exercised | No of Shares sold to pay for tax and sale costs | ||||
| PSP | 19 June 2008 | 26,088 | 12,305 | ||||
| PSP | 8 July 2009 | 151,999 | 71,690 | ||||
| PSP | 10 August 2010 | 223,381 | 105,358 | ||||
| GBP | 24 May 2011 | 51,683 | 24,377 |
The Shares were sold at 788.00 pence per Share on the London Stock Exchange. The balance of the shares was retained and Mr Lodge now has an interest in 298,510 Shares.
Mr Lodge’s holding exceeds the requirements of the Company’s Executive Shareholding Policy.
This notification is made in accordance with Paragraph 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
Lucie GilbertCompany Secretary8 November 2013
Copyright Business Wire 2013
Tate & Lyle (TATE)