Tate & Lyle PLC — Major Shareholding Notification 2024

Mar 21, 2024

National Storage Mechanism | Additional information

RNS Number : 8448H

Tate & Lyle PLC

21 March 2024

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BP92CJ43

Issuer Name

TATE & LYLE PUBLIC LIMITED COMPANY

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

Legal Entity level crossing - See Section 9.

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

20-Mar-2024

6. Date on which Issuer notified

21-Mar-2024

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	3.520028	6.111989	9.632017	38688817
Position of previous notification (if applicable)	3.801750	6.109085	9.910835

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BP92CJ43		14137356		3.519655
US8765707067		1500		0.000373
Sub Total 8.A	14138856		3.520028%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Right to Recall	n/a	n/a	68977	0.017173
Physical Swap	28/03/2024	n/a	1378155	0.343107
Physical Swap	15/05/2024	n/a	1166590	0.290436
Physical Swap	16/05/2024	n/a	682000	0.169792
Sub Total 8.B1			3295722	0.820508%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Swaps	02/04/2024	N/A	Cash	1722000	0.428711
Swaps	18/04/2024	N/A	Cash	3434000	0.854933
Swaps	03/05/2024	N/A	Cash	1004000	0.249957
Swaps	17/05/2024	N/A	Cash	2285000	0.568877
Swaps	08/07/2024	N/A	Cash	19575	0.004873
Swaps	23/07/2024	N/A	Cash	1115454	0.277705
Swaps	31/07/2024	N/A	Cash	105722	0.026321
Swaps	08/08/2024	N/A	Cash	71071	0.017694
Swaps	30/08/2024	N/A	Cash	40688	0.010130
Swaps	30/09/2024	N/A	Cash	33143	0.008251
Swaps	23/10/2024	N/A	Cash	436286	0.108618
Swaps	31/10/2024	N/A	Cash	1044	0.000260
Swaps	29/11/2024	N/A	Cash	91417	0.022759
Swaps	02/12/2024	N/A	Cash	4587	0.001142
Swaps	06/01/2025	N/A	Cash	4226288	1.052182
Swaps	21/02/2025	N/A	Cash	6526000	1.624722
Swaps	25/02/2025	N/A	Cash	64606	0.016084
Swaps	13/10/2025	N/A	Cash	17840	0.004441
Swaps	26/05/2026	N/A	Cash	21554	0.005366
Swaps	15/02/2028	N/A	Cash	26841	0.006682
Swaps	15/02/2029	N/A	Cash	7123	0.001773
Sub Total 8.B2				21254239	5.291481%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation	Merrill Lynch International		3.288631	6.265306%
Bank of America Corporation	BofA Securities Europe SA
Bank of America Corporation	Bank of America, National Association

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

21-Mar-2024

13. Place Of Completion

United Kingdom

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

HOLBUGDXUGDDGSB