Tate & Lyle stock holds at 559p as takeover disclosures continue
Published on 09/25/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tate & Lyle stock held at GBp 559.00 on the London Stock Exchange on September 24, 2026, unchanged from the prior close. The latest filing showed Pzena Investment Management holding 2.04 percent of the company after selling 1,281,179 shares, according to Business Wire on September 25, 2026.
Offer process keeps shaping the stock
The Pzena disclosure relates to Tate & Lyle ordinary shares and places a concrete ownership figure beside the continuing transaction backdrop. A September 22 filing identified JPMorgan Securities as financial adviser to Ingredion in relation to the Tate & Lyle offer, according to FT.
The September 24 close was GBp 559.00, matching the prior close and leaving the daily change at 0.00 percent. Trading volume reached 1,331,455 shares, giving investors a dated liquidity reference alongside the ownership filing.
Revenue rises while profit declines
Tate & Lyle reported fiscal 2026 revenue of GBP 2.006 billion, compared with GBP 1.736 billion in fiscal 2025, a 15.55 percent increase. The figures cover the year ended March 31, 2026, and are reported in the company's financial data on Reuters.
Profit moved in the opposite direction. Net income fell from GBP 143 million in fiscal 2025 to GBP 97 million in fiscal 2026, a 32.17 percent decline, while gross profit reached GBP 875 million. That combination makes the takeover terms and the quality of earnings more important than revenue growth alone.
Stock stays at GBp 559.00
Tate & Lyle stock closed at GBp 559.00 on September 24, 2026, at 5:15 p.m. GMT+1 on the London Stock Exchange. The unchanged close puts the market's latest reference value directly beside the fiscal 2026 revenue increase and the lower net income figure.
Tate & Lyle stock facts
- Company: Tate & Lyle plc
- Ticker: TATE.L
- Trading venue: London Stock Exchange
- Closing price (September 24, 2026): GBp 559.00
- Daily change: 0.00 percent
- Volume: 1,331,455 shares
- Sector / Industry: Food Ingredients
