20th Jan 2017 11:34
PureCircle Limited (the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name
| Rakesh Sinha | ||||
2 | Reason for the notification
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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
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a) | Name
| PureCircle Limited | ||||
b) | LEI
| 213800K2PU757HGDAW11 | ||||
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
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a) | Description of the financial instrument, type of instrument
Identification code
| Grant of Restricted Stock Units ("RSUs") over Ordinary Shares of US$0.10 each in the capital of PureCircle Limited
BMG7300G1096
| ||||
b) | Nature of the transaction
| Grant of RSUs, under the Long Term Incentive Plan ("LTIP")
50,000 of the RSUs will vest over the 3 years at the end of FY2018, FY2019 and FY2020, with the balance to vest subject to achievement of certain performance conditions by FY2020.
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c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
100,000 RSUs
Nil | ||||
e) | Date of the transaction
| 2017-1-20 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||
Related Shares:
PURE.L