29th May 2009 12:09
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Tate & Lyle PLC
Director/PDMR Shareholding
Tate & Lyle PLC (the "Company") was informed today that on 29 May 2009 Iain Ferguson, an Executive Director of the Company exercised options under the Tate & Lyle 2003 Performance Share Plan ("PSP") to acquire 192,401 ordinary shares of 25 pence each in the capital of the Company. No consideration was paid for the acquisition of these shares. 79,162 shares were disposed of at 286 pence per share on the London Stock Exchange to pay for tax and sale costs. The remaining shares have been retained. Mr Ferguson now has an interest in 345,974 ordinary 25p shares in the Company.
The number of options granted to a participant under the PSP is subject to the satisfaction of a performance condition over the relevant performance period which in this case was the period from 1 April 2004 to 31 March 2007.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the FSA's Disclosure and Transparency Rules.
Lucie GilbertDeputy Company Secretary29 May 2009
Copyright Business Wire 2009
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