REG - Treatt PLC - Notification of Transactions of Directors

TreattAnnouncement

16/12/2022 13:30

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RNS Number : 0453K  Treatt PLC  16 December 2022

16 December 2022

TREATT PLC

("Treatt" or "the Company")

Notification of Transactions of Directors

Treatt announces that awards were made to the following Directors under the
Treatt Plc Long Term Incentive Plan ('LTIP') and Share Incentive Plan ('SIP')
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.

Additionally, the Directors have acquired Free and Matching shares consistent
with awards made to all UK employees under the SIP which awarded £700 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                 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 share of 2 pence each

     Identification code

                                                                     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) £6.60                                             82,386

                                     b) £6.60                                             106

                                     c) £6.60                                             273

                                     d) £6.60                                             409

     Aggregated information

     -      Aggregated volume        83,174

     -      Price                    £6.60
 e)  Date of the transaction         14 December 2022
 f)  Place of the transaction        Outside a trading venue

 

 1   Details of the Director
 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 share of 2 pence each

     Identification code

                                                                     GB00BKS7YK08
 b)  Nature of transaction           Award of LTIP
 c)  Price(s) and volume(s)          Price(s)                                             Volume(s)
                                     a) £11.20                                            52,232
     Aggregated information

     -      Aggregated volume        52,232

     -      Price                    £11.20
 e)  Date of the transaction         1 February 2022
 f)  Place of the transaction        Outside a trading venue

 

 1    Details of the Director
 a)   Name                            Ryan Govender
 2    Reason for the notification
 a)   Position/status                 CFO
 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 share of 2 pence each

      Identification code

                                                                      GB00BKS7YK08
 b)   Nature of transaction           a)    Award of LTIP

                                      b)    Purchase of Partnership Shares

                                      c)    Award of Matching Shares

 c)   Price(s) and volume(s)          Price(s)                                             Volume(s)
                                      a) £6.60                                             44,431

                                      b) £6.60                                             272

                                      c) £6.60                                             408

      Aggregated information

      -      Aggregated volume        45,111

      -      Price                    £6.60
 e)   Date of the transaction         14 December 2022
 f)   Place of the transaction        Outside a trading venue

 

Contact details

Vanessa Myatt

Deputy Company Secretary

+ 44 1284 702500

END

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