Director/PDMR Shareholding

Director/PDMR Shareholding

Tate & Lyle PLC

Tate & Lyle PLC

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

Tate & Lyle PLC (the ‘Company’) was informed yesterday that on 12 September 2017 Javed Ahmed, a Person Discharging Managerial Responsibilities, exercised 419,403 nil-cost options over ordinary shares of 25 pence each in the capital of the Company (‘Shares’), in accordance with the ‘Compensatory Award – A’ that was granted to him on 28 October 2009, full details of which are set out in the Annual Report 2009. 197,812 Shares were sold at 661.60 pence per Share on the London Stock Exchange to cover Mr Ahmed’s tax liabilities and sale costs.

Mr Ahmed retained the remaining Shares and subsequently transferred a total of 317,718 Shares to a joint holding with Mrs Ahmed, a person closely associated with him. Mr Ahmed now holds an interest in a total of 3,416,568 Shares in the Company.

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

Claire-Marie O’Grady
Company Secretary
13 September 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  

Price(s)

 

Volume(s)

volume(s)

 

Nil

419,403

 
           

 

d) Aggregated
information
 
-- Aggregated volume

419,403

-- Price

Nil

 
           

 

e)   Date of the transaction   2017-09-12
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 Price(s)  

Volume(s)

volume(s)

GBP 6.6160

197,812

 

 

 

       

 

d) Aggregated
information
 
-- Aggregated volume 197,812
-- Price

GBP 6.6160

 
   

 

e) Date of the transaction 2017-09-12
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   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 Transfer of shares at nil cost a to joint holding account with Talat Ahmed, Person Closely Associated to Mr Ahmed

c)

Price(s) and

Price(s)

 

Volume(s)

volume(s)

Nil

317,718

 
 

 

   

 

d) Aggregated

 

information
-- Aggregated volume

317,718

-- Price

Nil

e) Date of the transaction 2017-09-12
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

1.   Details of PDMR / person closely associated with them (“PCA”)
a) Name   Talat Ahmed
2. Reason for the notification
a) Position / status PCA of Javed Ahmed
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 Receipt of shares transferred at nil cost held in a joint account with Mr Ahmed

c)

Price(s) and Price(s)  

Volume(s)

volume(s)

Nil

317,718

 

 

 

 

 

d) Aggregated
information
 
-- Aggregated volume 317,718
-- Price

Nil

 
   

 

e) Date of the transaction 2017-09-12
f) Place of the transaction London Stock Exchange
XLON

Companies

Tate & Lyle (TATE)
UK 100

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