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REG - Tate & Lyle PLC - Director/PDMR Shareholding

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RNS Number : 6961Q  Tate & Lyle PLC  29 June 2022

 

Tate & Lyle PLC

 

Notification of a transaction by a Person Discharging Managerial
Responsibilities

 

Tate & Lyle PLC (the 'Company') announces that on 27 June 2022, 11,984
ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares')
were acquired by Bill Magee, a Person Discharging Managerial Responsibilities
under the 2012 Performance Share Plan ('PSP'). 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 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 notification below, which has been made in accordance with the
requirements of the UK Market Abuse Regulation, provides 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                                     Bill Magee
 2.  Reason for the notification
 a)  Position / status                        President, Food & Beverage Solutions, North 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       11,984
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              11,984

                                              Nil
 e)  Date of the transaction                  2022-06-27
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

11,984

 

Nil

e)

Date of the transaction

2022-06-27

f)

Place of the transaction

Outside a trading venue

 

 

 

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