Tate & Lyle PLC Commencement of Share Purchase Programme
January 13 2017 - 3:43AM
UK Regulatory
TIDMTATE
Tate & Lyle PLC (the "Company")
Commencement of Share Purchase Programme
The Company announces that it will today commence a share
purchase programme over 2,000,000 of its ordinary shares of 25
pence each in the capital of the Company (the "Share Purchase
Programme").
Any purchase of ordinary shares done in relation to this
announcement will be carried out on the London Stock Exchange and
executed in accordance with the Listing Rules and the Company's
general authority to make market purchases of its ordinary shares.
The Company intends to hold these shares in Treasury to satisfy
awards made under employee performance share plans.
The maximum pecuniary amount allocated to the Share Purchase
Programme is GBP15 million and the maximum number of ordinary
shares that will be purchased under the Share Purchase Programme is
2,000,000. The Share Purchase Programme will commence on 13 January
2017 and will end no later than the expiry of the authority
obtained at the Company's last AGM on 21 July 2016. This authority
expires at the latest on 30 September 2017, or, if earlier, the
date of the Company's 2017 Annual General Meeting.
This announcement is made in accordance with the Market Abuse
Regulation 596/2014.
Robert Gibber
Company Secretary
13 January 2017
View source version on businesswire.com:
http://www.businesswire.com/news/home/20170113005148/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
January 13, 2017 04:43 ET (09:43 GMT)
Tate & Lyle (LSE:TATE)
Historical Stock Chart
From Apr 2024 to May 2024
Tate & Lyle (LSE:TATE)
Historical Stock Chart
From May 2023 to May 2024