Director/PDMR Shareholding

Director/PDMR Shareholding

Tate & Lyle PLC

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the ‘Company’) announces that it was informed yesterday that 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 2016 Conditional Share Award programme (‘CSA’).

No consideration was paid for the acquisition of these Shares. Awards made under the CSA were subject to certain Company-based financial performance criteria satisfied over a performance period which ran from 1 April 2016 to 31 March 2017. The Awards were further subject to a 12-month deferral period and continued employment to 31 March 2018.

Following the withholding of Shares to satisfy certain tax obligations arising on the exercise of nil-cost options or the release of Shares, the PDMR’s interests in Shares changed as detailed in the table below:

PDMR	Â	Date of Transaction	Â	No. of Shares acquired under the CSA
Rowan Adams		4 April 2018		25,144
Joan Braca		3 April 2018		37,814
Jim Stutelberg		3 April 2018		25,170

For tax purposes, the market value of the Shares, being the average of the two close prices on the date of the transaction, was 542.4 pence per Share on 4 April 2018 and 537.6 pence per Share on 3 April 2018.

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
5 April 2018

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

Â	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	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		Acquisition of shares following the exercise of nil-cost options over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Â	Â	Volume(s) 25,144
d)		Aggregated information   Aggregated volume Price		25,144 Nil Â
e)		Date of the transaction		2017-04-04
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

Â	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	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		Acquisition of shares following the release of nil-cost conditional awards over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Â	Â	Volume(s) 37,814
d)		Aggregated information   Aggregated volume Price		37,814 Nil
e)		Date of the transaction		2017-04-03
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

Â	Â	Details of PDMR / person closely associated with them (“PCA”)
a)		Name	Â	Jim Stutelberg
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		Acquisition of shares following the release of nil-cost conditional awards over shares for no consideration.
c)		Price(s) and volume(s)		Price(s) Nil Â	Â	Volume(s) 25,170
d)		Aggregated information   Aggregated volume Price		25,170 Nil
e)		Date of the transaction		2017-04-03
f)		Place of the transaction		Outside a trading venue

View source version on businesswire.com: https://www.businesswire.com/news/home/20180405005843/en/