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Treatt PLC announced on December 16, 2021, that Chief Executive Officer Daemmon Reeve, Chief Financial Officer Richard Hope, and Richard Hope's PCA Tracey Smith received share awards under the company's Share Incentive Plan. On December 15, 2021, each individual was awarded 58 Free Shares, purchased 149 Partnership Shares, and received 223 Matching Shares, all at a price of £12.05 per ordinary share, resulting in an aggregated volume of 430 shares per person.
| Date | 16 Dec 2021 |
| Time | 17:50:04 |
| Category | Director/PDMR dealings |
| ID | 9569V |
16 December 2021
TREATT PLC
("Treatt" or "the Company")
Notification of Transaction of Directors & PCA
Treatt announces that awards under the Treatt Plc Share Incentive Plan ('SIP') were made to certain Directors, together with awards to a PCA (Person Closely Associated with a PDMR), as detailed below.
The Directors and PCA, the subjects of the awards, have acquired Free and Matching shares consistent with awards made to all Treatt UK employees under the SIP which awarded £700 of Free Shares to eligible employees. Matching Shares are only awarded to those that have purchased Partnership Shares and are awarded on a 1:1.5 basis. The Free Shares and Matching Shares are subject to forfeiture for a period of three years from the date of grant in the event of termination of employment, except in circumstances where the employee is regarded as a good leaver, in accordance with the terms of the SIP.
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1 |
Details of the Director |
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a) |
Name |
Daemmon Reeve |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Treatt Plc |
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|
b) |
LEI |
213800G40JM9F7G9LG39 |
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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 |
Ordinary share of 2 pence each
GB00BKS7YK08 |
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b) |
Nature of transaction |
a) Award of Free Shares b) Purchase of Partnership Shares c) Award of Matching Shares |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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a) £12.05 b) £12.05 c) £12.05
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58 149 223 |
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d) |
Aggregated information - Aggregated volume - Price |
430 £12.05 |
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e) |
Date of the transaction |
15 December 2021 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the Director |
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a) |
Name |
Richard Hope |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Treatt Plc |
|
|
b) |
LEI |
213800G40JM9F7G9LG39 |
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|
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, type of instrument Identification code |
Ordinary share of 2 pence each
GB00BKS7YK08 |
|
|
b) |
Nature of transaction |
a) Award of Free Shares b) Purchase of Partnership Shares c) Award of Matching Shares |
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|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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|
|
a) £12.05 b) £12.05 c) £12.05 |
58 149 223 |
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d) |
Aggregated information - Aggregated volume - Price |
430 £12.05 |
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e) |
Date of the transaction |
15 December 2021 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the Director |
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a) |
Name |
Tracey Smith |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA to Richard Hope, Chief Financial Officer |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Treatt Plc |
|
|
b) |
LEI |
213800G40JM9F7G9LG39 |
|
|
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, type of instrument Identification code |
Ordinary share of 2 pence each
GB00BKS7YK08 |
|
|
b) |
Nature of transaction |
a) Award of Free Shares b) Purchase of Partnership Shares c) Award of Matching Shares |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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|
|
a) £12.05 b) £12.05 c) £12.05 |
58 149 223 |
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d) |
Aggregated information - Aggregated volume - Price |
430 £12.05 |
|
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e) |
Date of the transaction |
15 December 2021 |
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f) |
Place of the transaction |
Outside a trading venue |
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Contact details
Anita Guernari
Company Secretary
++ 44 1284 770028
END