Director/PDMR Shareholding

RNS Number : 6885Q

Tate & Lyle PLC

29 June 2022

 

Tate & Lyle PLC

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

Tate & Lyle PLC (the 'Company') announces that on 27 June 2022 the following transactions occurred by Persons Discharging Managerial Responsibilities ('PDMR') and their Persons Closely Associated ('PCA') in respect of their interests in ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') under the Tate & Lyle Group Bonus Plan ('GBP'), and the 2012 Performance Share Plan ('PSP').

Following the withholding of Shares to satisfy certain tax obligations arising on the release of Shares, PDMR and PCA interests in Shares changed as detailed in the table below:

PDMR	Date Shares released	No. of Shares acquired under the GBP	No. of Shares acquired under the PSP	No. of Shares transferred to PCA as a gift on 29 June 2022
Nick Hampton	27 June 2022	8,014	62,439	n/a
Rowan Adams	27 June 2022	n/a	24,844	24,844
Lindsay Beardsell	27 June 2022	n/a	32,862	n/a
Laura Hagan	27 June 2022	n/a	25,820	n/a
Melissa Law	27 June 2022	n/a	44,318	n/a
Andrew Taylor	27 June 2022	n/a	58,614	n/a

For tax purposes, the market value of the Shares was 778.6 pence per Share.

No consideration was paid for the acquisition of these Shares.

Awards made under the GBP in 2020 were subject to the satisfaction of employment conditions. Details of the operation of the GBP are contained within the Annual Report 2020.

Awards made under the PSP in 2019 are subject to the satisfaction of performance conditions over a three-year performance period, which in this case ran from 1 April 2019 to 31 March 2022. The PSP award acquired by Mr Hampton is subject to a further two-year post-vesting holding period.

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

Claire-Marie O'Grady

Company Secretary

29 June 2022

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	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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the GBP and PSP following the exercise of nil-cost options over shares for no consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 70,453
d)	Aggregated information -  Aggregated volume -  Price	70,453 Nil
e)	Date of the transaction	2022-06-27
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	Executive Group 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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the PSP following the exercise of nil-cost options over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 24,844
d)	Aggregated information -  Aggregated volume -  Price	24,844 Nil
e)	Date of the transaction	2022-06-27
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	Executive Group 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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Transfer of shares as a gift to Sarah Adams, Person Closely Associated
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 24,844
d)	Aggregated information -  Aggregated volume -  Price	24,844 Nil
e)	Date of the transaction	2022-06-29
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	Sarah Adams
2.	Reason for the notification
a)	Position / status	PCA to Rowan Adams
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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Receipt of shares as a gift from Rowan Adams
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 24,844
d)	Aggregated information -  Aggregated volume -  Price	24,844 Nil
e)	Date of the transaction	2022-06-29
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	Lindsay Beardsell
2.	Reason for the notification
a)	Position / status	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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the PSP following the exercise of nil-cost options over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 32,862
d)	Aggregated information -  Aggregated volume -  Price	32,862 Nil
e)	Date of the transaction	2022-06-27
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	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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the PSP following the exercise of nil-cost options over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 25,820
d)	Aggregated information -  Aggregated volume -  Price	25,820 Nil
e)	Date of the transaction	2022-06-27
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	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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the PSP following the release of nil-cost conditional awards over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 44,318
d)	Aggregated information -  Aggregated volume -  Price	44,318 Nil
e)	Date of the transaction	2022-06-27
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	President Asia, Middle East, Africa and Latin America
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 29 1/6 pence each in the capital of Tate & Lyle PLC GB00BP92CJ43
b)	Nature of the transaction	Acquisition of shares under the PSP following the release of nil-cost conditional awards over shares for no consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 58,614
d)	Aggregated information -  Aggregated volume -  Price	58,614 Nil
e)	Date of the transaction	2022-06-27
f)	Place of the transaction	Outside a trading venue

 

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