Director/PDMR Shareholding

LONDON--()--

Tate & Lyle PLC

Notification of transaction by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the ‘Company’) announces that a grant of options and awards over the Company’s ordinary shares of 25 pence each in the capital of the Company (‘Shares’) was made on 5 July 2018 under the Tate & Lyle Performance Share Plan 2012 (‘PSP’) and the Tate & Lyle Group Bonus Plan (‘GBP’) in respect of the year ended 31 March 2018 to Persons Discharging Managerial Responsibilities (‘PDMR’) as detailed in the table below:

PDMR  

No. of Shares
subject to PSP award

 

No. of Shares
subject to GBP award

Nick Hampton (Chief Executive)

330,380

22,629
Rowan Adams 131,456 13,103
Joan Braca 200,936 2,041
Robert Gibber N/A 10,496
Melissa Law 163,847 8,290
Rob Luijten 146,137 14,567
Jim Stutelberg 174,163 28,241
Andrew Taylor 177,680 2,684

Awards under the PSP are structured as either nil-cost options or conditional awards. Options and awards granted under the PSP 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 2018 to 31 March 2021. These criteria are described in the Annual Report 2018.

Further information on the operation of the GBP is provided in the Annual Report 2018.

No consideration is payable for the grant or exercise of the options or awards under the PSP or GBP.

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
10 July 2018

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 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 Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s)

Price(s)

Nil


Volume(s)

330,380

 

Price(s)

Nil


Volume(s)

22,629

d) Aggregated information

 

  • Aggregated volume
  • Price


353,009
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)
a) Name   Rowan Adams
2. Reason for the notification
a) Position / status PDMR – Executive VP, 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 Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s)

Price(s)

Nil


Volume(s)
131,456


Price(s)
Nil

 

Volume(s)
13,103

 

d) Aggregated information

 

  • Aggregated volume
  • Price

 


144,559
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)
a) Name   Joan Braca
2. Reason for the notification
a) Position / status PDMR - President, Food & Beverage Solutions
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 Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s)

Price(s)

Nil

 


Volume(s)
200,936

 


Price(s)
Nil

 

Volume(s)
2,041

 

d) Aggregated information

 

  • Aggregated volume
  • Price

 


202,977
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)    
a) Name       Robert Gibber
2. Reason for the notification
a) Position / status PDMR – Executive VP, 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 Grant of nil-cost options over shares for no consideration under the Tate & Lyle Group Bonus Plan
c) Price(s) and volume(s)

Price(s)
Nil

 


Volume(s)
10,496

 

d) Aggregated information

 

  • Aggregated volume
  • Price

 


10,496
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)
a) Name   Melissa Law
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 Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s)

Price(s)
Nil


Volume(s)
163,847


Price(s)
Nil

 

Volume(s)
8,290

 

d) Aggregated information

 

  • Aggregated volume
  • Price

 


172,137
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)    
a) Name       Rob Luijten
2. Reason for the notification
a) Position / status PDMR – Executive VP, 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 Grant of nil-cost options over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s)

Price(s)

Nil


Volume(s)
146,137

 

Price(s)
Nil


Volume(s)
14,567

d) Aggregated information

 

  • Aggregated volume
  • Price

 


160,704
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)
a) Name   Jim Stutelberg
2. Reason for the notification
a) Position / status PDMR - President, Primary Products
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 Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c)

Price(s) and volume(s)

Price(s)

Nil


Volume(s)
174,163

 

Price(s)
Nil


Volume(s)
28,241

 

d) Aggregated information

 

  • Aggregated volume
  • Price



202,404
Nil

 

e) Date of the transaction 2018-07-05
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

1.   Details of PDMR / person closely associated with them (“PCA”)
a) Name   Andrew Taylor
2. Reason for the notification
a) Position / status PDMR - President, Innovation and Commercial Development
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 Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Group Bonus Plan
c) Price(s) and volume(s)

Price(s)

Nil


Volume(s)
177,680



Price(s)
Nil

 


Volume(s)
2,684

d) Aggregated information

 

  • Aggregated volume
  • Price



180,364
Nil

 

e) Date of the transaction 2018-07-05
f) Place of the transaction Outside a trading venue

Short Name: Tate & Lyle PLC
Category Code: DSH
Sequence Number: 651164
Time of Receipt (offset from UTC): 20180710T105132+0100

Contacts

Tate & Lyle PLC

Contacts

Tate & Lyle PLC