Tate & Lyle: Closure date to sell Western Sugar extended to 30 June 2001

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Tate & Lyle PLC ("Tate & Lyle") announces that while negotiations with the Rocky Mountain Sugar Growers Co-operative ("RMSGC") regarding its acquisition of the Western Sugar Company ("Western") have been progressing, it has been informed that RMSGC has experienced delays in securing bank funding. Consequently, Tate & Lyle and RMSGC have agreed to extend the closing date to 30 June 2001. Tate & Lyle will continue to assist RMSGC to complete this purchase on a timely basis. A further announcement will be made when appropriate.

About Tate & Lyle: 
Tate & Lyle is a global provider of solutions and ingredients for food, beverage and industrial markets.

Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams. Food & Beverage Solutions is focused on growth by building leading positions globally in the categories of beverages, dairy, and soups, sauces and dressings. Primary Products is focused on delivering steady earnings and generating cash.

Food & Beverage Solutions consists of: Texturants, including speciality starches; Sweeteners, including low- and no-calorie sweeteners; and a Health and Wellness portfolio comprising mainly speciality fibres; and Stabilisers and Functional Systems, which are bespoke ingredient blends that ensure foods retain their structure.

Primary Products consists of high-volume sweeteners, industrial starches and fermentation products (primarily acidulants).  It also sells co-products from the corn milling process as animal nutrition.

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 2019, Tate & Lyle sales totalled £2.8 billion. For more information, please visit http://www.tateandlyle.com or follow Tate & Lyle on Twitter or Linkedin.