Tate & Lyle PLC - Holding in company

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Tate & Lyle was informed on 10 August 2000 that Archer Daniels Midland Company ("ADM") is now interested in 51,767,173 Ordinary shares in Tate & Lyle PLC, which is a notifiable interest under Section 199(2)(b) of the Companies Act 1985. This represents 11.31 per cent. of the nominal value of the relevant share capital and is an increase from ADM’s interest announced on 13 November 1997 of 27,517,173 Ordinary shares which was then 6.17 per cent. of the nominal value of the relevant share capital. However, it is only by virtue of the pre-existing interest of ADM in Compagnie Industrielle et Financiere des Produits Amylaces SA ("CIP") that ADM’s interest in the Ordinary shares in Tate & Lyle PLC has increased. Tate & Lyle had announced on 8 August 2000 that CIP and its wholly owned subsidiary Eurostarch SA now hold 24,000,000 Ordinary shares in Tate & Lyle PLC which is a notifiable interest under Section 199(2) (b) of the Companies Act 1985, being 5.25 per cent. of the nominal value of the relevant share capital. ADM’s notification of its interest in 51,767,173 Tate & Lyle shares is a combined result of CIP’s interest in Tate & Lyle shares and ADM’s pre-existing interests in 6.17 per cent. of Tate & Lyle shares and ADM’s interest in CIP.

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.