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Tate & Lyle PLC Director's Dealing 2021

Nov 5, 2021

4590_dirs_2021-11-05_660cc546-0887-4098-bd74-355596b1b4b0.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 4194R

Tate & Lyle PLC

05 November 2021

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') announces that a grant of conditional awards over the Company's ordinary shares of 25 pence each in the capital of the Company ('Shares') was made on 4 November 2021 under the Tate & Lyle Performance Share Plan 2020 ('PSP') to Persons Discharging Managerial Responsibilities ('PDMR') as detailed in the table below:

PDMR Number of Shares Vesting Date
Melissa Law 103,813 After 1 February 2024
William Magee 69,367 After 31 March 2024

The Award to Ms. Law will only vest to the extent that certain performance criteria are satisfied by Ms. Law.

The Award to Mr. Magee will only vest to the extent that certain performance criteria are satisfied by the Company over a three-year performance period which runs from 1 April 2021 to 31 March 2024.

Awards made under the PSP are structured as conditional awards. No consideration is payable for the grant of the awards under the PSP.

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

Claire-Marie O'Grady

Group Company Secretary

5 November 2021

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

Melissa Law  

2.

Reason for the notification

a)

Position / status

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 2020 - Restricted Share Award

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 103,813

d)

Aggregated information

-     Aggregated volume

-     Price

103,813

Nil

e)

Date of the transaction

2021-11-04

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

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

William 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

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 2020

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 69,367

d)

Aggregated information

-     Aggregated volume

-     Price

69,367

Nil

e)

Date of the transaction

2021-11-04

f)

Place of the transaction

Outside a trading venue

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