Notification of Transactions of Director

RNS Number : 6983U
Treatt PLC
06 December 2021
 

6 December 2021

TREATT PLC

("Treatt" or "the Company")

 

Notification of Transactions of Director

As previously announced on 30 June 2021, Richard Hope, Chief Financial Officer, had informed the Board of his intention to retire on 30 June 2022.  As part of this managed process, Richard has taken the decision to reduce his shareholding in Treatt as part of managing his personal financial portfolio. Accordingly, on 3 December 2021, Richard sold 160,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") at a price of £11.00 per share on 3 December 2021. Additionally, Tracey Smith, a PCA of Richard Hope, sold 180,968   Ordinary Shares at a price of £11.00 per share on 3 December 2021.

Following this transaction, Richard maintains an interest in 57,956 Ordinary Shares, and   retains options over a further 137,135 Ordinary Shares subject to performance conditions.

 

1

Details of the person discharging managerial responsibilities

a)

Name

Richard Hope

2

Reason for the notification

a)

 

 

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Treatt Plc

b)

LEI

 213800G40JM9F7G9LG39

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, type of instrument

  Identification code

 

Ordinary shares of 2 pence each 

 

  GB00BKS7YK08

b)

Nature of transaction

 

 

   Sale of ordinary shares

 

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£11.00

160,000


Aggregated information

-  Aggregated volume

-  Price 

N/A Single Transaction

 

e)

Date of the transaction

3 December 2021

 

f)

Place of the transaction

London Stock Exchange, XLON

 

1

Details of the person closely associated

a)

Name

Tracey Smith

2

Reason for the notification

a)

 

 

Position/status

PCA of Richard Hope

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Treatt Plc

b)

LEI

 213800G40JM9F7G9LG39

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, type of instrument

  Identification code

 

Ordinary shares of 2 pence each 

 

  GB00BKS7YK08

b)

Nature of transaction

 

 

  Sale of ordinary shares

 

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£11.00

180,968


Aggregated information

-  Aggregated volume

-  Price 

N/A Single Transaction

 

e)

Date of the transaction

3 December 2021

 

f)

Place of the transaction

London Stock Exchange, XLON

 

Contact details

Anita Guernari

Company Secretary

++ 44 1284 770028

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHTFBTTMTJMBMB

Companies

Treatt (TET)
UK 100

Latest directors dealings