TIDMTATE

RNS Number : 3800B

Tate & Lyle PLC

09 June 2021

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Tate & Lyle PLC (the 'Company') announces that on 7 June 2021 the following transactions occurred by Persons Discharging Managerial Responsibilities ('PDMR') and their Persons Closely Associated ('PCA') in respect of their interests in ordinary shares of 25 pence each in the capital of the Company ('Shares') under the Tate & Lyle 2012 Performance Share Plan ('PSP').

Following the withholding of Shares to satisfy certain tax obligations arising on the release of Shares, PDMR interests in Shares changed as detailed in the table below:

 
        PDMR          Date Shares released    No. of Shares acquired   No. of Shares transferred to PCA as a gift 
 Nick Hampton                   7 June 2021            100,332                              n/a 
                     ----------------------  -----------------------  ------------------------------------------- 
 Rowan Adams                    7 June 2021             39,921                             39,921 
                     ----------------------  -----------------------  ------------------------------------------- 
 Melissa Law                    7 June 2021             65,653                              n/a 
                     ----------------------  -----------------------  ------------------------------------------- 
 Andrew Taylor                  7 June 2021             59,049                              n/a 
                     ----------------------  -----------------------  ------------------------------------------- 
 Jim Stutelberg                 7 June 2021             68,599                              n/a 
                     ----------------------  -----------------------  ------------------------------------------- 
 Lindsay Beardsell              7 June 2021             52,806                              n/a 
                     ----------------------  -----------------------  ------------------------------------------- 
 

For tax purposes, the market value of the Shares was 791.4 pence per Share.

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 ran from 1 April 2018 to 31 March 2021. The PSP award acquired by Mr Hampton is subject to a further two-year post-vesting holding period.

The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

Claire-Marie O'Grady

Company Secretary

9 June 2021

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                            Nick Hampton 
     ------------------------------  --------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status               Chief Executive 
     ------------------------------  --------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  --------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  --------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the exercise 
       transaction                     of nil-cost options over shares for no 
                                       consideration. 
     ------------------------------  --------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         100,332 
                                                   ---------- 
     ------------------------------  --------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     100,332 
 
                                        Nil 
             *    Price 
     ------------------------------  --------------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  --------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  --------------------------------------------- 
 

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                            Rowan Adams 
     ------------------------------  --------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status               EVP Corporate Affairs 
     ------------------------------  --------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  --------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  --------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the exercise 
       transaction                     of nil-cost options over shares for no 
                                       consideration. 
     ------------------------------  --------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         39,921 
                                                   ---------- 
     ------------------------------  --------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     39,921 
 
                                        Nil 
             *    Price 
     ------------------------------  --------------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  --------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  --------------------------------------------- 
 

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                            Rowan Adams 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               EVP Corporate Affairs 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Transfer of shares as a gift to Sarah 
       transaction                     Adams, Person Closely Associated 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         39,921 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     39,921 
 
                                        Nil 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    London Stock Exchange (XLON) 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Sarah Adams 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               PCA to Rowan Adams 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the                   Receipt of shares as a gift from Rowan 
       transaction                     Adams 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         39,921 
                                                   ---------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     39,921 
 
                                        Nil 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  ---------------------------------------- 
 f)   Place of the                    London Stock Exchange (XLON) 
       transaction 
     ------------------------------  ---------------------------------------- 
 

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                            Melissa Law 
     ------------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status               President, Global Operations 
     ------------------------------  -------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  -------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  -------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the release 
       transaction                     of nil-cost conditional awards over shares 
                                       for no consideration. 
     ------------------------------  -------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         65,653 
                                                   ---------- 
     ------------------------------  -------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     65,653 
 
                                        Nil 
             *    Price 
     ------------------------------  -------------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  -------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  -------------------------------------------- 
 

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                            Andrew Taylor 
     ------------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status               President, Emerging Markets 
     ------------------------------  -------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  -------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  -------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the release 
       transaction                     of nil-cost conditional awards over shares 
                                       for no consideration. 
     ------------------------------  -------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         59,049 
                                                   ---------- 
     ------------------------------  -------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     59,049 
 
                                        Nil 
             *    Price 
     ------------------------------  -------------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  -------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  -------------------------------------------- 
 

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                            Jim Stutelberg 
     ------------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status               President, Primary Products 
     ------------------------------  -------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  -------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  -------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the release 
       transaction                     of nil-cost conditional awards over shares 
                                       for no consideration. 
     ------------------------------  -------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         68,599 
                                                   ---------- 
     ------------------------------  -------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     68,599 
 
                                        Nil 
             *    Price 
     ------------------------------  -------------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  -------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  -------------------------------------------- 
 

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                            Lindsay Beardsell 
     ------------------------------  --------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status               EVP, General Counsel 
     ------------------------------  --------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  --------------------------------------------- 
 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                     Ordinary shares of 25 pence each in the 
       of the financial                capital of Tate & Lyle PLC 
       instrument                      GB0008754136 
       Identification 
       code 
     ------------------------------  --------------------------------------------- 
 b)   Nature of the                   Acquisition of shares following the exercise 
       transaction                     of nil-cost options over shares for no 
                                       consideration. 
     ------------------------------  --------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         52,806 
                                                   ---------- 
     ------------------------------  --------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     52,806 
 
                                        Nil 
             *    Price 
     ------------------------------  --------------------------------------------- 
 e)   Date of the                     2021-06-07 
       transaction 
     ------------------------------  --------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  --------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUKSSRANUNRAR

(END) Dow Jones Newswires

June 09, 2021 10:49 ET (14:49 GMT)

Tate & Lyle (LSE:TATE)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Tate & Lyle.
Tate & Lyle (LSE:TATE)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Tate & Lyle.