REG - Tate & Lyle PLC - Director/PDMR Shareholding

Tate & LyleAnnouncement

29/06/2022 16:00

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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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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  Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC

     Identification code

                                              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

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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