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RNS Number : 6961Q Tate & Lyle PLC 29 June 2022
Tate & Lyle PLC
Notification of a transaction by a Person Discharging Managerial
Responsibilities
Tate & Lyle PLC (the 'Company') announces that on 27 June 2022, 11,984
ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares')
were acquired by Bill Magee, a Person Discharging Managerial Responsibilities
under the 2012 Performance Share Plan ('PSP'). For tax purposes, the market
value of the Shares was 778.6 pence per share. No consideration was paid for
the acquisition of these Shares.
Awards made under the PSP in 2019 are subject to the satisfaction of
performance conditions over a three-year performance period, which in this
case ran from 1 April 2019 to 31 March 2022.
The notification below, which has been made in accordance with the
requirements of the UK Market Abuse Regulation, provides further detail.
Claire-Marie O'Grady
Company Secretary
29 June 2022
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Bill Magee
2. Reason for the notification
a) Position / status President, Food & Beverage Solutions, North America
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tate & Lyle PLC
b) LEI 2138008K14474WPKZ244
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 Ordinary shares of 29 1/6 pence each in the capital of Tate & Lyle PLC
Identification code
GB00BP92CJ43
b) Nature of the transaction Acquisition of shares under the PSP following the release of nil-cost
conditional awards over shares for no consideration
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 11,984
d) Aggregated information
- Aggregated volume
- Price 11,984
Nil
e) Date of the transaction 2022-06-27
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
11,984
Nil
e)
Date of the transaction
2022-06-27
f)
Place of the transaction
Outside a trading venue
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