REG - Treatt PLC - Notification of Transactions of Directors

TreattAnnouncement

17/12/2024 13:45

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RNS Number : 4480Q  Treatt PLC  17 December 2024

17 December 2024

TREATT PLC

("Treatt" or "the Company")

Notification of Transactions of Directors

Treatt announces that on 13 December 2024, awards were made to the following
Executive Directors under the Deferred Bonus Share Plan ('DBSP'), the
Long-Term Incentive Plan ('LTIP') and Share Incentive Plan ('SIP') as detailed
below.

The DBSP shares were awarded in respect of bonuses earned for the financial
year ended 30 September 2024 and will vest on the second anniversary of the
grant date.

The LTIP awards are subject to performance criteria based on compound annual
growth in adjusted basic earnings per share (80% weighting) and return on
average annual return on capital employed (20% weighting) 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 LTIP awards are
subject to a further two-year holding period.

Additionally, the Directors have acquired Partnership 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                                                         David Shannon
 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  Ordinary share of 2 pence each

     Identification code

                                                                  GB00BKS7YK08
 b)  Nature of transaction                                        a)    Award of DBSP

                                                                  b)    Award of LTIP

                                                                  c)    Purchase of Partnership Shares

                                                                  d)    Award of Matching Shares
 c)  Price(s) and volume(s)                                       a) £4.62                   a) 4,029

                                                                  b) £4.62                   b) 137,987

                                                                  c) £4.62                   c) 389

                                                                  d) £4.62                   d) 583
     Aggregated information

     -      Aggregated volume                                     142,988

     -      Price                                                 £4.62
 e)  Date of the transaction                                      13 December 2024
 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                                              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  Ordinary share of 2 pence each

      Identification code

                                                                   GB00BKS7YK08
 b)   Nature of transaction                                        a)    Award of DBSP

                                                                   b)    Award of LTIP

                                                                   c)    Award of Free Shares

                                                                   d)    Purchase of Partnership Shares

                                                                   e)    Award of Matching Shares
 c)   Price(s) and volume(s)                                       Price(s)                   Volume(s)
                                                                   a) £4.62                   a) 2,844

                                                                   b) £4.62                   b) 97,402

                                                                   c) £4.62                   c) 151

                                                                   d) £4.62                   d) 108

                                                                   e) £4.62                   e) 162
      Aggregated information

      -      Aggregated volume                                     100,667

      -      Price                                                 £4.62
 e)   Date of the transaction                                      13 December 2024
 f)   Place of the transaction                                     Outside a trading venue

 

 

 

Contact details

Abby Burton-Hopkins

Deputy Company Secretary

+ 44 1284 702500

END

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