Source - LSE Regulatory
RNS Number : 1686G
Tate & Lyle PLC
22 July 2021
 

Tate & Lyle PLC

Notification of transactions by Persons Discharging Managerial Responsibilities

Tate & Lyle PLC (the 'Company') announces that a grant of options and awards over the Company's ordinary shares of 25 pence each in the capital of the Company ('Shares') was made on 21 July 2021 under the Tate & Lyle Performance Share Plan 2020 ('PSP') and the Tate & Lyle Group Bonus Plan ('GBP') in respect of the year ended 31 March 2021 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

284,259

32,195

Vivid Sehgal

197,114

1,095

Rowan Adams

113,097

5,490

Lindsay Beardsell

160,285

7,781

Laura Hagan

128,228

6,225

Melissa Law

154,970

9,265

Victoria Spadaro Grant

166,696

None

Jim Stutelberg

151,220

9,102

Andrew Taylor

162,175

6,487


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 2021 to 31 March 2024.

 

Further information on the operation of the GBP is provided in the Annual Report 2021.

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

22 July 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

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

284,259

Nil

32,195

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


316,454

 

Nil

e)

Date of the transaction

2021-07-21

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

Vivid Sehgal

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

197,114

Nil

1,095

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


198,209

 

Nil

e)

Date of the transaction

2021-07-21

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

113,097

Nil

5,490

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


118,587

Nil

e)

Date of the transaction

2021-07-21

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

160,285

Nil

7,781

d)

Aggregated information

-     Aggregated volume

-     Price


168,066

 

Nil

e)

Date of the transaction

2021-07-21

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

Laura Hagan

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

128,228

Nil

6,225

d)

Aggregated information

-     Aggregated volume

-     Price

 


134,453

 

Nil

e)

Date of the transaction

2021-07-21

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

154,970

Nil

9,265

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


164,235

 

Nil

e)

Date of the transaction

2021-07-21

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 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

166,696

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


166,696

 

Nil

e)

Date of the transaction

2021-07-21

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

Jim Stutelberg

2.

Reason for the notification

a)

Position / status

President, Primary Products

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 conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

151,220

Nil

9,102

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


160,322

 

Nil

e)

Date of the transaction

2021-07-21

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 25 pence each in the capital of Tate & Lyle PLC

 

GB0008754136

b)

Nature of the transaction

Grant of conditional awards over shares for no consideration under the Tate & Lyle Performance Share Plan 2020 and Group Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

162,175

Nil

6,487

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


168,662

 

Nil

e)

Date of the transaction

2021-07-21

f)

Place of the transaction

Outside a trading venue

 

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