Remuneration Information • Dec 23, 2013
Remuneration Information
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RNS Number : 2787W
Treatt PLC
23 December 2013
23 December 2013
TREATT PLC
("Treatt" or "the Company")
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility ("PDMR")
Treatt announces that the following Directors and PDMR were granted Share Options by the Company on 20 December 2013, details of which are below:
| Director/PDMR | Daemmon Reeve | Richard Hope | Douglas Rash |
| Position | CEO | Group Finance Director | VP Global Sales - Treatt USA |
| Scheme | Unapproved | Approved | Unapproved |
| Date on which options become exercisable | 20 December 2018 | 20 December 2016 | 20 December 2018 |
| Exercise Price Per Share | 736p | 736p | 736p |
| Description of shares involved | 8,315 Ord shares | 1,358 Ord shares | 2,078 Ord shares |
| Number of shares over which options held following notification | 24,589 | 6,572 | 6,330 |
The Options awarded are subject to performance criteria based upon growth in diluted earnings per share. The Options, or a proportion of them, only vest if the performance criteria is satisfied at the date on which the Options become exercisable.
Additionally, in accordance with Disclosure and Transparency Rule 3.1.2.(R), Richard Hope notified the Company that on 23 December 2013 he purchased 264 Ordinary shares in the Company at a price of 754p per share. The shares, which represent 0.0025 % of the issued share capital of the company, are registered in the name of Alliance Trust Savings Nominees.
Following this transaction Mr Hope's total beneficial holding stands at 28,269 shares being 0.27% of the issued share capital of the Company.
Contact details
Anita Steer
Company Secretary
++ 44 1284 770028
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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