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Tate & Lyle Director Increases Stake with ADR Purchase

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Tate & Lyle Director Increases Stake with ADR Purchase

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An announcement from Tate & Lyle ( (GB:TATE) ) is now available.

Tate & Lyle PLC announced that Glenn Fish, a non-executive director, has acquired 1,000 American Depositary Receipts (ADRs) in the company, each representing four ordinary shares. This transaction reflects Fish’s growing interest in Tate & Lyle, totaling 3,960.4 ADRs equivalent to 15,841.6 shares. The transaction, conducted on the OTCQX exchange, underscores the company’s compliance with the Market Abuse Regulation and highlights potential confidence in the company’s prospects by its managerial personnel.

More about Tate & Lyle

Tate & Lyle PLC operates in the food and beverage industry, specializing in the production and supply of food ingredients and solutions. The company is known for its expertise in sweeteners, texturants, and other essential food ingredients, serving markets around the globe.

YTD Price Performance: -16.32%

Average Trading Volume: 1,130,385

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.43B

For an in-depth examination of TATE stock, go to TipRanks’ Stock Analysis page.

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