Director/PDMR Shareholding
Tate & Lyle PLC
Tate & Lyle PLC – 11 August 2010
Director/PDMR Shareholding
Tate & Lyle PLC (the “Company”) was informed yesterday that on 10 August
2010 a grant of options and awards over the Company’s ordinary shares of
25 pence each was made under the Tate & Lyle 2003 Performance Share Plan
(“PSP”) to Executive Directors and Persons Discharging Managerial
Responsibilities (“PDMR”) as detailed in the table below:
|
Name
|
|
Role
|
|
No. of shares subject to option
|
|
No of shares subject to award
|
|
|
Tim Lodge
|
|
Executive Director
|
|
223,381
|
|
-
|
|
|
Robert Gibber
|
|
PDMR
|
|
187,640
|
|
-
|
|
|
Robert Luijten
|
|
PDMR
|
|
131,401
|
|
-
|
|
|
Karl Kramer
|
|
PDMR
|
|
-
|
|
164,827
|
|
|
Olivier Rigaud
|
|
PDMR
|
|
-
|
|
155,085
|
|
|
Matt Wineinger
|
|
PDMR
|
|
-
|
|
201,455
|
|
Options and 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 2010 to 31 March
2013. No consideration is payable for the grant or exercise of the
options or awards.
The Company also announces that in accordance with the incentive
arrangements relating to the recruitment of Javed Ahmed, Chief
Executive, as disclosed in the Company’s Annual Report 2009, a grant of
nil cost options over 473,042 of the Company’s ordinary shares of 25
pence each was made to Mr Ahmed on 10 August 2010. Full details of the
awards made to Mr Ahmed, including details of the conditions attaching
to the awards are disclosed on page 96 of the Company’s Annual Report
2009.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the
FSA’s Disclosure and Transparency Rules.
Lucie Gilbert
Deputy Company SecretaryDeputy Company Secretary
11 August 201011 August 2010
