Director/PDMR Shareholding

RNS Number : 6873T
Treatt PLC
17 December 2012
 



 

17 December 2012

 

 

TREATT PLC

("Treatt" or "the Company")

 

 

 

Notification of Transactions of Directors

 

Treatt announces that the following Directors were granted nil cost Share Options by the Company on 14 December 2012, details of which are below:

 

Director

Daemmon Reeve

Richard Hope

Position

CEO

Group Finance Director

Scheme

Unapproved

Approved

Date on which options become exercisable

14 December 2017 for a period of 5 years

14 December 2015 for a period of 7 years

Exercise Price Per Share

395p

390p

Description of shares involved

15,639 Ord shares

2,564 Ord shares

Number of shares over which options held following notification

16,727

5,923

 

The Options awarded are subject to performance criteria based upon earnings per share. The Options, or a proportion of them, only vest if the performance criteria is satisfied at the date on which the Options become exercisable. 



 

In accordance with Disclosure and Transparency Rule 3.1.2.(R), Richard Hope notified the Company that on 17 December 2012 he purchased  454  Ordinary shares in the Company at a price of  397p per share.  The shares, which represent 0.004 % of the issued share capital of the company, are registered in the name of Alliance Trust Savings Nominees.

 

Following this transaction Mr Hope's total beneficial holding stands at 11,547 shares being 0.110% of the issued share capital of the Company.

 



 

Contact details

 

Anita Steer

Company Secretary

++ 44 1284 770028

 

END


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