REG - Tate & Lyle PLC - Director/PDMR Shareholding

Tate & LyleAnnouncement

04/06/2024 11:00

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RNS Number : 0457R  Tate & Lyle PLC  04 June 2024

 

Tate & Lyle PLC

 

Notification of transactions by Persons Discharging Managerial
Responsibilities

 

Tate & Lyle PLC (the 'Company') announces that on 3 June 2024 the
following transactions occurred by Persons Discharging Managerial
Responsibilities ('PDMR') 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 2020 Performance Share Plan
('PSP').

 

Following the withholding of Shares to satisfy certain tax obligations arising
on the release of Shares, PDMR interests in Shares changed as detailed in the
table below:

 

 PDMR                    No. of Shares acquired under the PSP  No. of Shares acquired under the GBP
 Nick Hampton            100,940                               100
 Rowan Adams             40,160                                -
 Lindsay Beardsell       56,916                                -
 Melissa Law             66,450                                -
 Andrew Taylor           108,657                               1,236
 Victoria Spadaro Grant  81,809                                3,472
 Bill Magee              49,232                                -
 Tamsin Vine             4,224                                 -

 

For tax purposes, the market value of the Shares was 681.86 pence per Share.
No consideration was paid for the acquisition of these Shares.

 

Awards made under the GBP in 2022 were subject to the satisfaction of
employment conditions. Details of the operation of the GBP are contained
within the Annual Report 2022.

 

Awards made under the PSP in 2021 are subject to the satisfaction of
performance conditions over a three-year performance period, which in this
case ran from 1 April 2021 to 31 March 2024. 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

4 June 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                                     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 release of nil-cost
                                              conditional awards over shares for no consideration.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       100,940
                                              Nil       100
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              101,040

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

101,040

 

Nil

e)

Date of the transaction

2024-06-03

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 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 release of a nil-cost
                                              conditional award over shares for no consideration.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       40,160
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              40,160

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

40,160

 

Nil

e)

Date of the transaction

2024-06-03

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 release of a nil-cost
                                              conditional award over shares for no consideration.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       56,916
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              56,916

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

56,916

 

Nil

e)

Date of the transaction

2024-06-03

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 a nil-cost
                                              conditional award over shares for no consideration.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       66,450
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              66,450

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

66,450

 

Nil

e)

Date of the transaction

2024-06-03

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 GBP and 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       108,657
                                              Nil       1,236
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              109,893

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

109,893

 

Nil

e)

Date of the transaction

2024-06-03

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 and 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  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 release of nil-cost
                                              conditional awards over shares for no consideration.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       81,809
                                              Nil       3,472
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              85,281

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

85,281

 

Nil

e)

Date of the transaction

2024-06-03

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                                     Bill (William) 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                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       49,232
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              49,232

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

49,232

 

Nil

e)

Date of the transaction

2024-06-03

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                                     Tamsin Vine
 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 release of a nil-cost
                                              conditional award over shares for no consideration.
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       4,224
 d)  Aggregated information

     -     Aggregated volume

     -     Price                              4,224

                                              Nil
 e)  Date of the transaction                  2024-06-03
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

4,224

 

Nil

e)

Date of the transaction

2024-06-03

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

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