REG - Treatt PLC - Notification of Transactions of Director

TreattAnnouncement

20/12/2021 18:20

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RNS Number : 2663W  Treatt PLC  20 December 2021

20 December 2021

TREATT PLC

("Treatt" or "the Company")

Notification of Transaction of Director

In accordance with the requirements of the EU Market Abuse Regulation, the
Company received notification on 20 December 2021 of the following
transactions.

 

An award granted pursuant to the 2014 Long Term Incentive Plan ("2014 LTIP")
to Daemmon Reeve, Chief Executive Officer, in 2018 vested in full on 14
December 2021, 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 shares of 2
pence each in the Company ("Ordinary Shares") sold by Daemmon Reeve at a price
of £11.926 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  80,487                                          37,828                536,562                                 0.89%

 

 

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 2018 LTIP
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  nil cost                     80,487
 d)     Aggregated information                                    N/A (Single transaction)

     -      Aggregated volume

     -      Price

 e)  Date of the transaction                                      17 December 2021
 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)
                                                                  £11.926                                37,828
 d)     Aggregated information                                    N/A (Single transaction)

     -      Aggregated volume

     -      Price

 e)  Date of the transaction                                      20 December 2021
 f)  Place of the transaction                                     London Stock Exchange, XLON

 

 

END

 

 

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