9 January 2025
Tate & Lyle PLC
Completion of Share
Buyback Programme
Tate & Lyle PLC announces the completion of its
non-discretionary share buyback programme of £215 million,
initially announced on 19 June 2024 (the "Programme").
A total of 31,294,579 ordinary Tate & Lyle PLC
shares were purchased with an aggregate market value equivalent
of £214,989,726. Following the purchase of these shares, the Company has
445,429,642 ordinary shares in issue (excluding treasury
shares).
End
For more information
contact:
For Tate & Lyle PLC
Investors and
analysts
Christopher Marsh, VP Investor
Relations
Tel: Mobile: +44 (0) 7796 192 688
About Tate & Lyle
PLC:
Supported by our 165-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 and solutions every
day.
Through our leading expertise in sweetening,
mouthfeel and fortification, we develop ingredients and solutions
which reduce sugar, calories and fat, add fibre and protein, and
provide texture and stability to food and drink in categories
including beverages, dairy, bakery, snacks, soups, sauces, and
dressings.
Tate & Lyle recently acquired CP Kelco, a
leading provider of pectin, speciality gums and other nature-based
ingredients to create a leader in mouthfeel, significantly
enhancing our solutions capabilities. Following this combination,
we now have more than 5,000 employees working in around 75
locations in 39 countries, serving customers in more than 120
countries. Science, Solutions, Society is our brand promise and how
we will achieve our purpose of Transforming Lives through the
Science of Food. By living 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. For the year ended 31 March 2024, and on a pro
forma basis which assumes for illustrative purposes that the
combination with CP Kelco took place on 1 April 2023, revenue for
the enlarged Tate & Lyle Group would have been £2.25 billion.
For more information, please visit www.tateandlyle.com or
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