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Tate & Lyle PLC Remuneration Information 2024
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 3574V
Tate & Lyle PLC
05 July 2024
Tate & Lyle PLC
Notification of transactions by Persons Discharging Managerial Responsibilities
Tate & Lyle PLC (the 'Company') announces that a grant of awards over the ordinary shares of 29 1/6 pence each in the capital of the Company ('Shares') was made on 5 July 2024 under the Tate & Lyle Performance Share Plan 2020 ('PSP') in respect of the year ended 31 March 2024 to Persons Discharging Managerial Responsibilities ('PDMR') as detailed in the table below:
| PDMR | Number of Shares subject to PSP award | Number of Shares subject to RSU award |
| Nick Hampton | 352,283 | - |
| Rowan Adams | 116,801 | 23,360 |
| Lindsay Beardsell | 165,535 | 33,107 |
| Tamsin Vine | 123,213 | 36,964 |
| Melissa Law | 173,662 | 52,098 |
| Victoria Spadaro Grant | 172,156 | 34,431 |
| Bill Magee | 155,314 | 46,594 |
| Andrew Taylor | 179,540 | 71,816 |
Awards under the PSP are structured as conditional awards. Awards granted under the PSP 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 2024 to 31 March 2027 . Awards made under the RSU are conditional awards subject to the rules of the PSP but not subject to the performance conditions attached to awards made under the PSP. The RSU awards will vest in two equal tranches, the first tranche within one month of the completion of the acquisition of CP Kelco and the second tranche 12 months after completion of the acquisition of CP Kelco subject to certain performance conditions. No consideration is payable for the grant of 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
Company Secretary
5 July 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
Nick Hampton
2.
Reason for the notification
a)
Position / status
Chief Executive
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
Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 352,283 |
d)
Aggregated information
- Aggregated volume
- Price
352,283
Nil
e)
Date of the transaction
2024-07- 05
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
Rowan Adams
2.
Reason for the notification
a)
Position / status
Executive Group VP, Corporate Affairs
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
Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 116,801 |
| Nil | 23,360 |
d)
Aggregated information
- Aggregated volume
- Price
140,161
Nil
e)
Date of the transaction
2024-07- 05
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
Lindsay Beardsell
2.
Reason for the notification
a)
Position / status
Executive VP, General Counsel
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
Grant of a conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 165,535 |
| Nil | 33,107 |
d)
Aggregated information
- Aggregated volume
- Price
198,642
Nil
e)
Date of the transaction
2024-07- 05
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
Tamsin Vine
2.
Reason for the notification
a)
Position / status
Chief Human Resources Officer
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
Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 123,213 |
| Nil | 36,964 |
d)
Aggregated information
- Aggregated volume
- Price
160,177
Nil
e)
Date of the transaction
2024-07- 05
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
Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 173,662 |
| Nil | 52,098 |
d)
Aggregated information
- Aggregated volume
- Price
225,760
Nil
e)
Date of the transaction
2024-07- 05
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
Victoria Spadaro Grant
2.
Reason for the notification
a)
Position / status
President, Innovation & 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 29 1/6 pence each in the capital of Tate & Lyle PLC
GB00BP92CJ43
b)
Nature of the transaction
Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 172,156 |
| Nil | 34,431 |
d)
Aggregated information
- Aggregated volume
- Price
206,587
Nil
e)
Date of the transaction
2024-07- 05
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
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
Grant of a conditional award over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 155,314 |
| Nil | 46,594 |
d)
Aggregated information
- Aggregated volume
- Price
201,908
Nil
e)
Date of the transaction
2024-07- 05
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
Andrew Taylor
2.
Reason for the notification
a)
Position / status
President Asia, Middle East, Africa and Latin 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
Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 179,540 |
| Nil | 71,816 |
d)
Aggregated information
- Aggregated volume
- Price
251,356
Nil
e)
Date of the transaction
2024-07- 05
f)
Place of the transaction
Outside a trading venue
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