REG - Tate & Lyle PLC - Director/PDMR Shareholding

Tate & LyleAnnouncement

22/04/2024 14:30

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RNS Number : 5523L  Tate & Lyle PLC  22 April 2024

 

Tate & Lyle PLC

 

Notification of transactions by Persons Discharging Managerial
Responsibilities

 

Tate & Lyle PLC (the 'Company') announces that ordinary shares of 29 1/6
pence each in the capital of the Company ('Shares') were released on 18 April
2024 to Bill Magee and Melissa Law, Persons Discharging Managerial
Responsibilities.

 

This release of 6,980 Shares to Bill Magee and 5,028 Shares to Melissa Law
corrects the withholding of tax applied to the release of Shares to Bill and
Melissa on 2 April 2024 pursuant to the vesting of their Restricted Share
Awards (announced on 4 April 2024, RNS Number: 3412J). For tax purposes, the
market value of the Shares remains 608.5 pence per Share. No consideration was
paid for the acquisition of these Shares.

 

A summary table of the number of Shares issued to correct the withholding of
tax on the awards is below:

 

              Column A                         Column B                                                      Column C                                                              Column D                                                                 Column E
 PDMR         Number of Shares subject to RSA  Initial number of Shares withheld to satisfy tax obligations  Total number of Shares that should have been withheld to satisfy tax  Additional Shares released on 18 April 2024 to correct over-withholding  Total (corrected) number of Shares retained from RSA
                                                                                                             obligations                                                           (Column B)

                                                                        (Column A minus Column C)
                                                                                                                                                                                   (Column B minus Column C)
 Bill Magee   33,739                           19,762                                                        12,782                                                                6,980                                                                    20,957
 Melissa Law  103,813                          43,424                                                        38,396                                                                5,028                                                                    65,417

 

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

22 April 2024

 

 

 

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, 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                Additional release of shares (acquisition by the PDMR) due to over-withholding
                                              of tax on release of RSA award on 2 April 2024.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       6,980
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              6,980

                                              Nil
 e)  Date of the transaction                  2024-04-18
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

6,980

 

Nil

e)

Date of the transaction

2024-04-18

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                Additional release of shares (acquisition by the PDMR) due to over-withholding
                                              of tax on release of RSA award on 2 April 2024.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       5,028
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              5,028

                                              Nil
 e)  Date of the transaction                  2024-04-18
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

5,028

 

Nil

e)

Date of the transaction

2024-04-18

f)

Place of the transaction

Outside a trading venue

 

 

 

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