REG - Treatt PLC - Director/PDMR Shareholding - Replacement

TreattAnnouncement

09/01/2020 14:30

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RNS Number : 3464Z
Treatt PLC
09 January 2020
 
The following amendment has been made to the Director/PDMR Shareholding
announcement released on 8 January 2020 at 17:04 under RNS No. 2088Z:
Daemmon Reeve's resultant interest in Ordinary Shares should have read
492,325.
All other details remain unchanged. The full amended text is shown below:
 
TREATT PLC
("Treatt" or "the Company")
Notification of Transactions of Directors
In accordance with the requirements of the EU Market Abuse Regulation, the
Company received notification on 6 January 2020 of the following transactions.
 
An award granted pursuant to the 2014 Long Term Incentive Plan ("2014 LTIP")
to Daemmon Reeve, Chief Executive Officer, in 2016 vested in full on 12
December 2019, was subject to performance criteria based upon the average
annual growth in pre-exceptional basic earnings per share over a three-year
period, and has subsequently been exercised.
This exercise is detailed below, including the number of ordinary share of 2
pence each in the Company ("Ordinary Shares") sold by Daemmon Reeve at a
volume weighted average price of £4.67 per share to satisfy the tax and
national insurance liabilities and administrative fees arising on exercise:
 
                     Ordinary Shares received pursuant to 2014 LTIP  Ordinary Shares sold  Resultant interest in Ordinary Shares  Resultant % holding in total issued share capital
 Daemmon Reeve  CEO  104,354                                         49,046                492,325                                 0.83%
 
 
Contact details
Anita Guernari
Company Secretary
++ 44 1284 770028
 
 
 
 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daemmon Reeve
 2   Reason for the notification
 a)  Position/status                                              CEO
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Treatt Plc
 b)  LEI                                                          213800G40JM9F7G9LG39
 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, type of instrument  Ordinary shares of 2 pence each
     Identification code
                                                                  GB00BKS7YK08
 b)  Nature of transaction                                        Exercise of 2016 LTIP
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  nil cost                     104,354
 d)     Aggregated information                                    N/A (Single transaction)
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      6 January 2020
 f)  Place of the transaction                                     Outside a trading Venue
 
 
 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daemmon Reeve
 2   Reason for the notification
 a)  Position/status                                              CEO
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Treatt Plc
 b)  LEI                                                          213800G40JM9F7G9LG39
 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, type of instrument  Ordinary shares of 2 pence each
     Identification code
                                                                  GB00BKS7YK08
 b)  Nature of transaction                                        Sale of Ordinary Shares to satisfy tax and national insurance liabilities
 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
                                                                  a) £4.69                               a) 11,834
                                                                  b) £4.66                               b) 37,212
 d)     Aggregated information
     -      Aggregated volume                                     49,046
     -      Price                                                 £4.67
 e)  Date of the transaction                                      6 January 2020
 f)  Place of the transaction                                     London Stock Exchange, XLON
 
 
END
 
 
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