REG-Tate & Lyle PLC Director/PDMR Shareholding

Tate & LyleAnnouncement

03/01/2019 14:00

      Director/PDMR Shareholding
    

    

      Tate & Lyle PLC
    

      Notification of transaction by Person Discharging Managerial 
      Responsibilities
    

      Tate & Lyle PLC (the ‘Company’) was informed that 11,298 ordinary shares 
      of 25 pence each in the capital of the Company (‘Shares’) were released 
      on 31 December 2018 to Melissa Law, a Person Discharging Managerial 
      Responsibilities, in accordance with the Restricted Share Award that was 
      granted to her on 24 November 2017. 3,910 shares were withheld to 
      satisfy certain tax obligations arising on the release of the Shares. As 
      a result, Ms. Law acquired and retained a total of 7,388 Shares. For tax 
      purposes, the market value of the Shares, being the average of the two 
      closing prices on the date of the transaction, was 660.0 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 EU Market Abuse Regulation, provides further detail.
    

      Claire-Marie O’Grady
    

      Company Secretary
    

      3 January 2019
    

      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
        
        

        
        

          PDMR
        
        

        
      
      

        

          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 conditional 
          awards over shares for no consideration.
        
        

        
      
      

        

          c)
        
        

        
        

          Price(s) and volume(s)
        
        

        
        

          

            Price(s)    Volume(s)
          
          

             
          
          

            Nil         7,388
          
          

             
          
        
        

        
      
      

        

          d)
        
        

        
        

          Aggregated information

          

             
          
          

            

              Aggregated volume
            
            

              Price
            
          
        
        

        
        

          

             
          
          

            

            7,388
          
          

             
          
          

            Nil
          
        
        

        
      
      

        

          e)
        
        

        
        

          Date of the transaction
        
        

        
        

          2018-12-31
        
        

        
      
      

        

          f)
        
        

        
        

          Place of the transaction
        
        

        
        

          Outside a trading venue
        
        

        
      
    

    
View source version on businesswire.com: https://www.businesswire.com/news/home/20190103005369/en/

      Tate & Lyle PLC