Source - LSE Regulatory
RNS Number : 5661H
Tate & Lyle PLC
28 July 2023
 

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)

Price(s)

Volume(s)

Nil

279,292

Nil

40,357

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


319,649

 

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)

Price(s)

Volume(s)

Nil

186,221

Nil

23,110

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


209,331

 

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)

Price(s)

Volume(s)

Nil

111,121

Nil

13,684

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)

Price(s)

Volume(s)

Nil

157,484

Nil

19,394

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)

Price(s)

Volume(s)

Nil

101,931

Nil

4,161

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


106,092

 

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)

Price(s)

Volume(s)

Nil

174,106

Nil

21,494

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


195,600

 

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)

Price(s)

Volume(s)

Nil

163,783

Nil

14,791

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


178,574

 

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)

Price(s)

Volume(s)

Nil

130,027

Nil

18,193

d)

Aggregated information

-     Aggregated volume

-     Price

 

 


148,220

 

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)

Price(s)

Volume(s)

Nil

179,317

Nil

25,089

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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