Business
Director/PDMR Shareholding - Replacement
Director/PDMR Shareholding - Replacement.
About this update from Treatt Plc
[{"type":"text","content":"\n \nRNS Number : 3464Z Treatt PLC 09 January 2020 \n\nThe following amendment has been made to the Director/PDMR Shareholding announcement released on 8 January 2020 at 17:04 under RNS No. 2088Z:\nDaemmon Reeve's resultant interest in Ordinary Shares should have read 492,325.\nAll other details remain unchanged. The full amended text is shown below:\n \nTREATT PLC\n(\"Treatt\" or \"the Company\")\nNotification of Transactions of Directors\nIn accordance with the requirements of the EU Market Abuse Regulation, the Company received notification on 6 January 2020 of the following transactions.\n \nAn award granted pursuant to the 2014 Long Term Incentive Plan (\"2014 LTIP\") to Daemmon Reeve, Chief Executive Officer, in 2016 vested in full on 12 December 2019, was subject to performance criteria based upon the average annual growth in pre-exceptional basic earnings per share over a three-year period, and has subsequently been exercised. \nThis exercise is detailed below, including the number of ordinary share of 2 pence each in the Company (\"Ordinary Shares\") sold by Daemmon Reeve at a volume weighted average price of £4.67 per share to satisfy the tax and national insurance liabilities and administrative fees arising on exercise:\n \n\n\n\n\n\n\n\n\n\nOrdinary Shares received pursuant to 2014 LTIP\n\n\nOrdinary Shares sold \n\n\nResultant interest in Ordinary Shares\n\n\nResultant % holding in total issued share capital\n\n\n \n\n\n\n\nDaemmon Reeve\n\n\nCEO\n\n\n104,354\n\n\n49,046\n\n\n492,325\n\n\n 0.83%\n\n\n\n\n\n\n\n\n\n \n \nContact details\nAnita Guernari\nCompany Secretary\n++ 44 1284 770028\n \n \n \n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\na)\n\n\nName\n\n\nDaemmon Reeve\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nCEO\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial Notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nTreatt Plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800G40JM9F7G9LG39\n\n\n\n\n4\n\n\nDetails of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and...