REG - Treatt PLC - Director/PDMR Shareholding

TreattAnnouncement

19/12/2018 16:55

RNS Number : 0327L
Treatt PLC
19 December 2018
 


19 December 2018
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 18 December 2018 of the following transactions.
 
An award granted pursuant to the 2014 Long Term Incentive Plan ("2014 LTIP") to Richard Hope, Chief Financial Officer, in 2015 vested in full on 14 December 2018 and was subject to performance criteria based upon the average annual growth in pre-exceptional basic earnings per share over a three-year period. 
This exercise is detailed below, including the number of Ordinary Shares sold at a price of 410 pence 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


 




Richard Hope


CFO


110,678


52,019


350,274


 0.59%











 
Contact details
Anita Steer
Company Secretary
++ 44 1284 770028
 
 
 



1


Details of the Director




a)
 
 


Name


Richard Hope




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
Identification code


Ordinary shares of 2 pence each
 
GB00BKS7YK08




b)


Nature of transaction


a)    Exercise of 2015 LTIP
b)    Sale of shares to satisfy tax UK liabilities




c)


Price(s) and volume(s)


Price(s)


Volume(s)












a) nil cost
b) £4.10
 
 


110,678
52,019




d)


   Aggregated information
-      Aggregated volume
-      Price
 


N/A (Single transaction)




e)


Date of the transaction


18 December 2018




f)


Place of the transaction


London Stock Exchange, XLON



 
 
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