Director/PDMR Shareholding

RNS Number : 9343N
Tate & Lyle PLC
04 October 2021
 

Tate & Lyle PLC

Notification of transaction by a Person Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') was informed that 78,284 ordinary shares of 25 pence each in the capital of the Company ('Shares') were exercised on 30 September 2021 by Laura Hagan, a Person Discharging Managerial Responsibilities, under the Tate & Lyle 2012 Performance Share Plan. 36,794 Shares were withheld to satisfy certain tax obligations arising on the release of the Shares. As a result, Ms Hagan acquired and retained a total of 41,490 Shares. For tax purposes, the market value of the Shares was 693.8 pence per Share. No consideration was paid for the acquisition of these Shares.

 

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

Claire-Marie O'Grady

Company Secretary

4 October 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

Laura Hagan

2.

Reason for the notification

a)

Position / status

Chief Human Resources 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

Acquisition of shares following the exercise of nil-cost options over shares for no consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

41,490

d)

Aggregated information

-  Aggregated volume

-  Price

 

 


41,490

 

Nil

e)

Date of the transaction

2021-09-30

f)

Place of the transaction

Outside a trading venue

 

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Companies

Tate & Lyle (TATE)
UK 100

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