REG - Tate & Lyle PLC - Director/PDMR Shareholding

Tate & LyleAnnouncement

22/07/2021 15:20

RNS Number : 1686G
  
Tate & Lyle PLC
  
22 July 2021
  
 

Tate & Lyle PLC
Notification of transactions by Persons Discharging Managerial Responsibilities
Tate & Lyle PLC (the 'Company') announces that a grant of options and awards over the Company's ordinary shares of 25 pence each in the capital of the Company ('Shares') was made on 21 July 2021 under the Tate & Lyle Performance Share Plan 2020 ('PSP') and the Tate & Lyle Group Bonus Plan ('GBP') in respect of the year ended 31 March 2021 to Persons Discharging Managerial Responsibilities ('PDMR') as detailed in the table below:



PDMR


Number of Shares subject to PSP award


Number of Shares subject to GBP award




Nick Hampton


284,259


32,195




Vivid Sehgal


197,114


1,095




Rowan Adams


113,097


5,490




Lindsay Beardsell


160,285


7,781




Laura Hagan


128,228


6,225




Melissa Law


154,970


9,265




Victoria Spadaro Grant


166,696


None




Jim Stutelberg


151,220


9,102




Andrew Taylor


162,175


6,487





Awards under the PSP are structured as conditional awards. Awards granted under the PSP will only vest to the extent that certain performance criteria are satisfied by the Company over a three-year performance period which runs from 1 April 2021 to 31 March 2024. 
 
Further information on the operation of the GBP is provided in the Annual Report 2021.
No consideration is payable for the grant of the awards under the PSP or GBP.
 
The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
 
Claire-Marie O'Grady
Company Secretary
22 July 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


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 25 pence each in the capital of Tate & Lyle PLC
 
GB0008754136




b)


Nature of the transaction


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


284,259




Nil


32,195








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


316,454
 
Nil




e)


Date of the transaction


2021-07-21




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


Vivid Sehgal




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


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


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


197,114




Nil


1,095








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


198,209
 
Nil




e)


Date of the transaction


2021-07-21




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 25 pence each in the capital of Tate & Lyle PLC
 
GB0008754136




b)


Nature of the transaction


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


113,097




Nil


5,490








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


118,587
Nil




e)


Date of the transaction


2021-07-21




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 25 pence each in the capital of Tate & Lyle PLC
 
GB0008754136




b)


Nature of the transaction


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


160,285




Nil


7,781








d)


Aggregated information
-     Aggregated volume
-     Price




168,066
 
Nil




e)


Date of the transaction


2021-07-21




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 25 pence each in the capital of Tate & Lyle PLC
 
GB0008754136




b)


Nature of the transaction


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


128,228




Nil


6,225








d)


Aggregated information
-     Aggregated volume
-     Price


 


134,453
 
Nil




e)


Date of the transaction


2021-07-21




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 25 pence each in the capital of Tate & Lyle PLC
 
GB0008754136




b)


Nature of the transaction


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


154,970




Nil


9,265








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


164,235
 
Nil




e)


Date of the transaction


2021-07-21




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


Victoria Spadaro Grant




2.


Reason for the notification




a)


Position / status


President, Innovation & Commercial Development




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


Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2020




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


166,696








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


166,696
 
Nil




e)


Date of the transaction


2021-07-21




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


Jim Stutelberg




2.


Reason for the notification




a)


Position / status


President, Primary Products




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


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


151,220




Nil


9,102








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


160,322
 
Nil




e)


Date of the transaction


2021-07-21




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 25 pence each in the capital of Tate & Lyle PLC
 
GB0008754136




b)


Nature of the transaction


Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


162,175




Nil


6,487








d)


Aggregated information
-     Aggregated volume
-     Price


 
 


168,662
 
Nil




e)


Date of the transaction


2021-07-21




f)


Place of the transaction


Outside a trading venue



 

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