Director Shareholding
Tate & Lyle PLC (the Company) was informed on 5 November 2004 that the following share transactions were completed by Directors of the Company: On 5 November 2004, Mr Simon Gifford, an Executive Director of the Company, sold 6,000 ordinary shares of the Company at 451 pence per share. Mr Gifford now has an interest in 75,014 ordinary shares in the Company. On 5 November 2004, Mr Stanley Musesengwa, an Executive Director of the Company, exercised the following options over ordinary shares of the Company under the Tate & Lyle 1992 Executive Share Option Scheme: 13,000 options at 425 pence per share 26,785 options at 336 pence per share 70,437 options at 274 pence per share He subsequently sold 89,253 ordinary shares at 456.50 pence per share to pay the subscription price, tax and National Insurance, and retained 20,969 ordinary shares. Following this transaction, Mr Musesengwa now has an interest in 26,969 ordinary shares in the Company.
About Tate & Lyle:
Tate & Lyle PLC is a leading global provider of food and beverage ingredients and solutions. Supported by our 160-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients every day.
Through our expertise in sweetening, mouthfeel and fibre fortification, our Food & Beverage Solutions business develops solutions which reduce sugar, calories and fat, add fibre, and provide texture and stability in categories including beverages, dairy, bakery, soups, sauces and dressings. Our Primary Products business produces nutritive sweeteners, industrial starches used in paper and packaging, acidulants and products used for animal nutrition.
We have around 4,200 employees working in more than 60 locations across 30 countries. Tate & Lyle's purpose is Improving Lives for Generations and through our purpose we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet.
Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2020, Tate & Lyle sales totalled £2.9 billion. For more information, please visit http://www.tateandlyle.com or follow Tate & Lyle on Twitter, Linkedin or Facebook.
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