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Tate & Lyle Announces Block Listing of Shares

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Tate & Lyle Announces Block Listing of Shares

Confident Investing Starts Here:

Tate & Lyle ( (GB:TATE) ) just unveiled an announcement.

Tate & Lyle PLC has applied for a block listing of 275,000 ordinary shares to be admitted to the Official List of the UK Listing Authority and traded on the London Stock Exchange. This move, related to the company’s Sharesave Plans, is expected to enhance the company’s liquidity and provide additional opportunities for employee investment.

More about Tate & Lyle

Tate & Lyle PLC operates in the food and beverage industry, specializing in the production of ingredients and solutions for food and drink manufacturers. The company focuses on providing sweeteners, texturants, and other specialty ingredients to enhance the quality and nutritional value of consumer products.

YTD Price Performance: -13.01%

Average Trading Volume: 1,129,014

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.49B

Learn more about TATE stock on TipRanks’ Stock Analysis page.

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