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 28 July 2023 under the Tate & Lyle Performance Share Plan 2020 ('PSP') and the Tate & Lyle Group Bonus Plan 2011 ('GBP') in respect of the year ended 31 March 2023 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 GBP award |
| Nick Hampton | 279,292 | 40,357 |
| Dawn Allen | 186,221 | 23,110 |
| Rowan Adams | 111,121 | 13,684 |
| Lindsay Beardsell | 157,484 | 19,394 |
| Tamsin Vine | 101,931 | 4,161 |
| Melissa Law | 174,106 | 21,494 |
| Victoria Spadaro Grant | 163,783 | 14,791 |
| Bill Magee | 130,027 | 18,193 |
| Andrew Taylor | 179,317 | 25,089 |
Awards under the PSP and GBP 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 2023 to 31 March 2026. Further information on the operation of the GBP is provided in the Annual Report 2023. No consideration is payable for the grant of the awards under the PSP or GBP.
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
28 July 2023
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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 | Dawn Allen | ||||||
| 2. | Reason for the notification | |||||||
| a) | Position / status | Chief Financial 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 conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
124,805 Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
176,878
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 Plan and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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, Food & Beverage Solutions | ||||||
| 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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| 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 and Group Bonus Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
204,406
Nil | ||||||
| e) | Date of the transaction | 2023-07-28 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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