TIDMTATE

RNS Number : 4194R

Tate & Lyle PLC

05 November 2021

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') announces that a grant of conditional awards over the Company's ordinary shares of 25 pence each in the capital of the Company ('Shares') was made on 4 November 2021 under the Tate & Lyle Performance Share Plan 2020 ('PSP') to Persons Discharging Managerial Responsibilities ('PDMR') as detailed in the table below:

 
 PDMR            Number of Shares   Vesting Date 
 Melissa Law     103,813            After 1 February 2024 
                -----------------  ---------------------- 
 William Magee   69,367             After 31 March 2024 
                -----------------  ---------------------- 
 

The Award to Ms. Law will only vest to the extent that certain performance criteria are satisfied by Ms. Law.

The Award to Mr. Magee will only vest to the extent that certain performance criteria are satisfied by the Company over a three-year performance period which runs from 1 April 2021 to 31 March 2024.

Awards made under the PSP are structured as conditional awards. No consideration is payable for the grant of the awards under the PSP.

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

Claire-Marie O'Grady

Group Company Secretary

5 November 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                            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                   Grant of a conditional award over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 - Restricted 
                                       Share Award 
     ------------------------------  ----------------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         103,813 
                                                   ---------- 
     ------------------------------  ----------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     103,813 
                                        Nil 
 
             *    Price 
     ------------------------------  ----------------------------------------------- 
 e)   Date of the                     2021-11-04 
       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                            William Magee 
     ------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position / status               President, Food & Beverage Solutions, 
                                       North America 
     ------------------------------  ----------------------------------------- 
 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                   Grant of a conditional award over shares 
       transaction                     for no consideration under the Tate & 
                                       Lyle Performance Share Plan 2020 
     ------------------------------  ----------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         69,367 
                                                   ---------- 
     ------------------------------  ----------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     69,367 
                                        Nil 
 
             *    Price 
     ------------------------------  ----------------------------------------- 
 e)   Date of the                     2021-11-04 
       transaction 
     ------------------------------  ----------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ----------------------------------------- 
 

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END

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November 05, 2021 07:44 ET (11:44 GMT)

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