Tate & Lyle PLC — Director's Dealing 2017

Nov 24, 2017

National Storage Mechanism | Additional information

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Director/PDMR Shareholding

Tate & Lyle PLC

Notification of transaction by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the ‘Company’) announces that in accordance with the incentive arrangements relating to the recruitment of Melissa Law, President, Global Operations, and Andrew Taylor, President, Innovation and Commercial Development (who both joined the Company in September 2017) a grant of awards over the Company’s ordinary shares of 25 pence each in the capital of the Company (‘Shares’) was made today as detailed in the table below:

Person discharging managerial responsibilities (‘PDMR’)		Performance Share Plan (‘PSP’)		Restricted Share Award (‘RSA’)
Melissa Law		150,491		22,597
Andrew Taylor		163,200		45,193

The PSP Award is subject to the performance conditions that apply to awards made under the Performance Share Plan 2012 during the year ending 31 March 2018 and accordingly will only vest to the extent that these performance conditions are satisfied by the Company over a three-year performance period which runs from 1 April 2017 to 31 March 2020. These criteria are described in the Annual Report 2017. No consideration is payable for the grant or release of the awards.

The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Claire-Marie O’Grady

Company Secretary

24 November 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

		Details of PDMR / person closely associated with them (“PCA”)
a)		Name		Melissa Law
2.		Reason for the notification
a)		Position / status		PDMR – President, Global Operations
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 Identification code		Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC GB0008754136
b)		Nature of the transaction		Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Restricted Share Award programme
c)		Price(s) and volume(s)		Price(s)   Volume(s) Nil        173,088
d)		Aggregated information - Aggregated volume - Price		173,088 Nil
e)		Date of the transaction		2017-11-24
f)		Place of the transaction		Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

		Details of PDMR / person closely associated with them (“PCA”)
a)		Name		Andrew Taylor
2.		Reason for the notification
a)		Position / status		PDMR – President, Innovation and Commercial Development
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 Identification code		Ordinary shares of 25 pence each in the capital of Tate & Lyle PLC GB0008754136
b)		Nature of the transaction		Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan 2012 and Restricted Share Award programme
c)		Price(s) and volume(s)		Price(s)    Volume(s) Nil         208,393
d)		Aggregated information - Aggregated volume - Price		208,393 Nil
e)		Date of the transaction		2017-11-24
f)		Place of the transaction		Outside a trading venue

Tate & Lyle PLC

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