29th Oct 2009 12:30
Tate & Lyle PLC - 29 October 2009
Director/PDMR Shareholding
Tate & Lyle PLC (the "Company") 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 the Company's ordinary shares of 25 pence each was made to Mr Ahmed on 28 October 2009 as follows:
| Award name | No. of shares subject to option | Vesting date | |||
| Compensatory Award - A | 419,403 | 01/10/2011 | |||
| Compensatory Award - B | 269,616 | after 31/03/2011 | |||
| Compensatory Award - C | 359,488 | after 31/03/2012 | |||
| Long Term Incentive Award - A | 659,609 | after 31/03/2012 |
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.
For more information contact Tate & Lyle PLC:
Media William Baldwin-Charles, Head of Media RelationsTel: 020 7626 6525 or Mobile: 07810 151425
Investor Relations Chris McLeish Director of Investor RelationsTel: 020 7626 6525 or Mobile: 07919 102730
Copyright Business Wire 2009
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