Director/PDMR Shareholding

LONDON--()--

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the ‘Company’) announces that it was informed yesterday that on 15 June 2017 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’) and Restricted Share Award (‘RSA’) as detailed in the table below:

PDMR name   Award name   No. of Shares   No. of nil-cost   No. of Shares  

No. of Shares

Shares

options

disposed at retained

released

exercised

726.97 pence
per share to

pay for tax

and sale

               

costs

   
Javed Ahmed   PSP   -   181,9401   85,813   96,127
Nick Hampton  

RSA2

  -   121,781   57,439   64,342
Rowan Adams   PSP   -   22,558   10,640   11,918
Joan Braca   PSP   18,651   -   2,621   16,030
Robert Gibber   PSP   -   80,358   37,902   42,456
Rob Luijten   PSP   -   56,200   26,507   29,693
Pierre Schoumacher   PSP   19,439   -   -   19,439
Jim Stutelberg   PSP   54,408   -   23,478   30,930

No consideration was paid for the receipt 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 2014 to 31 March 2017 (the ‘2014 PSP’)

1

      The number of nil-cost options exercised by Mr Ahmed includes 152,792 nil-cost options made under the 2014 PSP and 29,148 nil-cost options made under the PSP granted in 2013 (the ‘2013 PSP’). Awards made under the 2013 PSP were subject to the satisfaction of performance conditions over a three year performance period from 1 April 2013 to 31 March 2016. Following the transactions, Mr Ahmed now has an interest in 3,194,977 Shares.

2

This award was granted to Mr Hampton on 7 July 2015, details of which are set out in the Annual Report 2015. Following the transactions, Mr Hampton now has an interest in 186,503 Shares.

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

Claire-Marie O’Grady
Company Secretary
16 June 2017


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)
a)   Name   Javed Ahmed
2.   Reason for the notification
a)   Position / status   PDMR – Chief Executive
b)   Initial notification / amendment   Initial notification
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)   Nature of the transaction   Exercise of nil-cost options over shares for no consideration
c)   Price(s) and volume(s)  

Price(s)        Volume(s)

 

Nil             181,940

 

d)   Aggregated  
information
 
-- Aggregated volume 181,940
    -- Price  

Nil

e)   Date of the transaction   2017-06-15
f)   Place of the transaction   Outside a trading venue


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)
a)   Name   Javed Ahmed
2.   Reason for the notification
a)   Position / status   PDMR – Chief Executive
b)   Initial notification / amendment   Initial notification
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on exercise of options.
c)   Price(s) and volume(s)  

Price(s)      Volume(s)

 

GBP7.26966    85,813

 

d)   Aggregated  
information
 
-- Aggregated volume 85,813
    -- Price   GBP623,831.33
e)   Date of the transaction   2017-06-15
f)   Place of the transaction   London Stock Exchange
XLON


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)
a)   Name   Nick Hampton
2.   Reason for the notification
a)   Position / status   PDMR – Chief Financial Officer
b)   Initial notification / amendment   Initial notification
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)   Nature of the transaction   Exercise of nil-cost options over shares for no consideration
c)   Price(s) and volume(s)  

Price(s)     Volume(s)

 

Nil          121,781

 

d)   Aggregated  
information
 
-- Aggregated volume 121,781
    -- Price   Nil
e)   Date of the transaction   2017-06-15
f)   Place of the transaction   Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Nick Hampton  
2.   Reason for the notification  
a)   Position / status   PDMR – Chief Financial Officer  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on exercise of options.  
c)   Price(s) and volume(s)  

Price(s)      Volume(s)

 

GBP7.26966    57,439

 

 
d)   Aggregated  
information
 
-- Aggregated volume 57,439
    -- Price   GBP417,562.00  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   London Stock Exchange
XLON
 


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Rowan Adams  
2.   Reason for the notification  
a)   Position / status   PDMR – Executive Vice President, Corporate Affairs  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Exercise of nil-cost options over shares for no consideration  
c)   Price(s) and volume(s)  

Price(s)   Volume(s)

 

Nil        22,558

 

 
d)   Aggregated  
information
 
-- Aggregated volume 22,558
    -- Price   Nil  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   Outside a trading venue  


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Rowan Adams  
2.   Reason for the notification  
a)   Position / status   PDMR – Executive Vice President, Corporate Affairs  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on exercise of options.  
c)   Price(s) and volume(s)  

Price(s)     Volume(s)

 

GBP7.26966   10,640

 

 
d)   Aggregated  
information
 
-- Aggregated volume 10,640
    -- Price   GBP77,349.18  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   London Stock Exchange
XLON
 


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Joan Braca  
2.   Reason for the notification  
a)   Position / status   PDMR – President, Speciality Food Ingredients  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Release of nil-cost conditional awards over shares for no consideration  
c)   Price(s) and volume(s)  

Price(s)    Volume(s)

 

Nil         18,651

 

 
d)   Aggregated  
information
 
-- Aggregated volume 18,651
    -- Price   Nil  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   Outside a trading venue  


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Joan Braca  
2.   Reason for the notification  
a)   Position / status   PDMR – President, Speciality Food Ingredients  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on release of conditional awards.  
c)   Price(s) and volume(s)  

Price(s)     Volume(s)

 

GBP7.26966   2,621

 

 
d)   Aggregated  
information
 
-- Aggregated volume 2,621
    -- Price   GBP19,053.78  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   London Stock Exchange
XLON
 


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Robert Gibber  
2.   Reason for the notification  
a)   Position / status   PDMR – Executive Vice President and General Counsel  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Exercise of nil-cost options over shares for no consideration  
c)   Price(s) and volume(s)  

Price(s)   Volume(s)

 

Nil        80,358

 

 
d)   Aggregated  
information
 
-- Aggregated volume 80,358
    -- Price   Nil  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   Outside a trading venue  


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Robert Gibber  
2.   Reason for the notification  
a)   Position / status   PDMR – Executive Vice President and General Counsel  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on exercise of options.  
c)   Price(s) and volume(s)  

Price(s)      Volume(s)

 

GBP7.26966    37,902

 

 
d)   Aggregated  
information
 
-- Aggregated volume 37,902
    -- Price   GBP275,534.65  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   London Stock Exchange
XLON
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Rob Luijten  
2.   Reason for the notification  
a)   Position / status   PDMR – Executive Vice President, Human Resources  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Exercise of nil-cost options over shares for no consideration  
c)   Price(s) and volume(s)  

Price(s)    Volume(s)

 

Nil         56,200

 

 
d)   Aggregated  
information
 
-- Aggregated volume 56,200
    -- Price   Nil  
e)   Date of the transaction   2017-03-31  
f)   Place of the transaction   Outside a trading venue  


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Rob Luijten  
2.   Reason for the notification  
a)   Position / status   PDMR – Executive Vice President, Human Resources  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on exercise of options.  
c)   Price(s) and volume(s)  

Price(s)     Volume(s)

 

GBP7.26966   26,507

 

 
d)   Aggregated  
information
 
-- Aggregated volume 26,507
    -- Price   GBP192,696.88  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   London Stock Exchange
XLON
 


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Pierre Schoumacher  
2.   Reason for the notification  
a)   Position / status   PDMR – President, Global Operations  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Release of nil-cost conditional awards over shares for no consideration  
c)   Price(s) and volume(s)  

Price(s)   Volume(s)

 

Nil        19,439

 

 
d)   Aggregated  
information
 
-- Aggregated volume 19,439
    -- Price   Nil  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   Outside a trading venue  


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Jim Stutelberg  
2.   Reason for the notification  
a)   Position / status   PDMR - President, Bulk Ingredients  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Release of nil-cost conditional awards over shares for no consideration  
c)   Price(s) and volume(s)  

Price(s)   Volume(s)

 

Nil        54,408

 

 
d)   Aggregated  
information
 
-- Aggregated volume 54,408
    -- Price   Nil  
e)   Date of the transaction  

2017-06-15

 
f)   Place of the transaction   Outside a trading venue  


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Details of PDMR / person closely associated with them (“PCA”)  
a)   Name   Jim Stutelberg  
2.   Reason for the notification  
a)   Position / status   PDMR - President, Bulk Ingredients  
b)   Initial notification / amendment   Initial notification  
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 of the financial instrument

Identification code

  Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

 
b)   Nature of the transaction   Sale of shares to cover tax liabilities and sale costs arising on release of conditional awards.  
c)   Price(s) and volume(s)  

Price(s)     Volume(s)

 

GBP7.26966   23,478

 

 
d)   Aggregated  
information
 
-- Aggregated volume 23,478
    -- Price   GBP170,677.08  
e)   Date of the transaction   2017-06-15  
f)   Place of the transaction   London Stock Exchange
XLON
 

Short Name: Tate & Lyle PLC
Category Code: DSH
Sequence Number: 585476
Time of Receipt (offset from UTC): 20170616T150623+0100

Contacts

Tate & Lyle PLC

Contacts

Tate & Lyle PLC