TREATT PLC — Director's Dealing 2017

Dec 19, 2017

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RNS Number : 8383Z

Treatt PLC

19 December 2017

19 December 2017

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 £575 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.

	Details of the Director
a)	Name	1.    Daemmon Reeve 2.    Richard Hope
	Reason for the notification
a)	Position/status	1.    CEO 2.    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
b)	Nature of transaction	1      and 2: 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)
		1 a) £4.52 1 b) £4.465 1 c) £4.465 1 d) £4.465 2 a) £4.52 2 b) £4.465 2 c) £4.465 2 d) £4.465	67,477 128 403 604 44,690 128 403 604
	Aggregated information -      Aggregated volume -      Price	1)    68,612       2) 45,825
e)	Date of the transaction	a)        18 December 2017 b - d)  15 December 2017
f)	Place of the transaction	Outside a trading venue

Contact details

Anita Steer

Company Secretary

++ 44 1284 770028

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