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Tate & Lyle PLC — Director's Dealing 2024
Apr 4, 2024
4590_dirs_2024-04-04_17f4d184-008c-4859-8cac-78ddc6f74abd.html
Director's Dealing
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RNS Number : 3412J
Tate & Lyle PLC
04 April 2024
Tate & Lyle PLC
Notification of transactions by Persons Discharging Managerial Responsibilities
Tate & Lyle PLC (the 'Company') announces that ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') were released on 2 April to Bill Magee and Melissa Law, Persons Discharging Managerial Responsibilities, in accordance with the Restricted Share Award that was granted to them on 24 August and 4 November 2021 respectively.
For tax purposes, the market value of the Shares was 608.5 pence per Share. No consideration was paid for the acquisition of these Shares.
| PDMR | Number of Shares subject to RSA | Number of Shares withheld to satisfy tax obligations | Number of Shares retained |
| Bill Magee | 33,739 | 19,762 | 13,977 |
| Melissa Law | 103,813 | 43,424 | 60,389 |
The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Claire-Marie O'Grady
Company Secretary
4 April 2024
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, 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 29 1/6 pence each in the capital of Tate & Lyle PLC
GB00BP92CJ43
b)
Nature of the transaction
Acquisition of shares following the vesting of a nil-cost conditional award over shares for no consideration.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 13,977 |
d)
Aggregated information
- Aggregated volume
- Price
13,977
Nil
e)
Date of the transaction
2024-04-02
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
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 29 1/6 pence each in the capital of Tate & Lyle PLC
GB00BP92CJ43
b)
Nature of the transaction
Acquisition of shares following the vesting of a nil-cost conditional award over shares for no consideration.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 60,389 |
d)
Aggregated information
- Aggregated volume
- Price
60,389
Nil
e)
Date of the transaction
2024-04-02
f)
Place of the transaction
Outside a trading venue
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