REG - Treatt PLC - Director/PDMR Shareholding

TreattAnnouncement

16/12/2020 17:20

RNS Number : 9140I
  
Treatt PLC
  
16 December 2020
  
 

16 December 2020
TREATT PLC
("Treatt" or "the Company")
Director / PDMR Shareholding
Treatt announces that awards under the Treatt Plc Long Term Incentive Plan ('LTIP') and Share Incentive Plan ('SIP') were made to certain Directors, together with awards to a PCA (Person Closely Associated with a PDMR), as detailed below. 
The LTIP's are subject to performance criteria based upon the average annual growth in pre-exceptional basic earnings per share over a three-year period. The awards, or a proportion of them, only vest if the performance criteria is satisfied at the date on which vesting occurs.  
The Directors and PCA the subjects of the awards have acquired Free and Matching shares consistent with awards made to all Treatt UK employees under the SIP which awarded £650 of Free Shares to eligible employees. Matching Shares are only awarded to those that have purchased Partnership Shares and are awarded on a 1:1.5 basis.  The Free Shares and Matching Shares are subject to forfeiture for a period of three years from the date of grant in the event of termination of employment, except in circumstances where the employee is regarded as a good leaver, in accordance with the terms of the SIP.



1


Details of the Director




a)


Name


Daemmon Reeve




2


Reason for the notification




a)


Position/status


Chief Executive Officer




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
Identification code


Ordinary share of 2 pence each
 
 
GB00BKS7YK08




b)


Nature of transaction


a)    Award of LTIP
b)    Award of Free Shares
c)    Purchase of Partnership Shares
d)    Award of Matching Shares 




c)


Price(s) and volume(s)


Price(s)


Volume(s)








 
 
 
 
 


a) £7.46
b) £7.46
c) £7.46
d) £7.46


45,571
87
241
361








Aggregated information
-      Aggregated volume
-      Price 


 
46,260
£7.46




e)


Date of the transaction


15 December 2020




f)


Place of the transaction


Outside a trading venue



 



1


Details of the Director




a)


Name


Richard Hope




2


Reason for the notification




a)


Position/status


Chief Financial Officer




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
Identification code


Ordinary share of 2 pence each
 
 
 
GB00BKS7YK08




b)


Nature of transaction


a)    Award of LTIP
b)    Award of Free Shares
c)    Purchase of Partnership Shares
d)    Award of Matching Shares 




c)


Price(s) and volume(s)


Price(s)


Volume(s)












a) £7.46
b) £7.46
c) £7.46
d) £7.46


30,381
87
241
361








Aggregated information
-      Aggregated volume
-      Price 


 
31,070
£7.46




e)


Date of the transaction


15 December 2020




f)


Place of the transaction


Outside a trading venue



 



1


Details of the Director




a)


Name


Tracey Smith




2


Reason for the notification




a)


Position/status


PCA to Richard Hope, Chief Financial Officer




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
Identification code


Ordinary share of 2 pence each
 
 
GB00BKS7YK08




b)


Nature of transaction


a)    Award of Free Shares
b)    Purchase of Partnership Shares
c)    Award of Matching Shares 




c)


Price(s) and volume(s)


Price(s)


Volume(s)












a) £7.46
b) £7.46
c) £7.46


87
241
361








Aggregated information
-      Aggregated volume
-      Price 


 
689
£7.46




e)


Date of the transaction


15 December 2020




f)


Place of the transaction


Outside a trading venue



 
Contact details
Anita Guernari
Company Secretary
++ 44 1284 770028
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