16 Jun 2016 16:40
Tate & Lyle PLC
Director/PDMR Shareholding
1. PDMR Transactions
Tate & Lyle PLC (the ‘Company’) announces that it has been informed today that on 15 June 2016 the following transactions occurred by Persons Discharging Managerial Responsibilities (“PDMR”) in respect of their interests in ordinary shares of 25 pence each in the capital of the Company (‘Shares’) under the 2012 Performance Share Plan (‘PSP’):
| Name | No. of Shares released | No. of nil-cost options exercised | No. of Shares disposed at 622.60 pence per share to pay for tax and sale costs | No of Shares retained | |||||
| Rowan Adams* | - | 5,924 | 2,795 | 3,129 | |||||
| Joan Braca | 4,393 | - | 522 | 3,871 | |||||
| Rob Luijten | - | 10,511 | 4,958 | 5,553 | |||||
| Gabriella Parisse | 5,817 | - | 1,816 | 4,001 | |||||
| Pierre Schoumacher | 4,384 | - | - | 4,384 |
*Mr Adams subsequently transferred the remaining Shares to his wife as a gift.
No consideration was paid for the acquisition of these Shares. Awards made under the PSP are subject to the satisfaction of performance conditions over a three year performance period, which in this case was 1 April 2013 to 31 March 2016.
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 GilbertCompany Secretary
16 July 2016
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