TREATT PLC

Remuneration Information • Dec 17, 2019

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RNS Number : 2179X

Treatt PLC

17 December 2019

17 December 2019

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 £625 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 Identification code		Ordinary share of 2 pence each 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) £4.55 b) £4.55 c) £4.55 d) £4.55		73,978 137 396 594
	Aggregated information -      Aggregated volume -      Price	75,105 £4.55
e)	Date of the transaction	13 December 2019
f)	Place of the transaction	Outside a trading venue

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 share of 2 pence each 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) £4.55 b) £4.55 c) £4.55 d) £4.55		49,318 137 396 594
	Aggregated information -      Aggregated volume -      Price	50,445 £4.55
e)	Date of the transaction	13 December 2019
f)	Place of the transaction	Outside a trading venue

Contact details

Anita Guernari

Company Secretary

++ 44 1284 770028

END

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