DIRECTOR DEALINGS: Tate & Lyle CEO And Wife Buy GBP200,000 In Shares

LONDON (Alliance News) - Agribusiness and ingredients supplier Tate & Lyle PLC on Thursday said ...

Alliance News 10 November, 2016 | 10:54AM
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LONDON (Alliance News) - Agribusiness and ingredients supplier Tate & Lyle PLC on Thursday said Chief Executive Javed Ahmed and his wife, Talat, jointly bought shares in the company on Wednesday.

The Ahmeds bought a total of 30,000 shares at 660.00 pence per share, raising CEO Ahmed's beneficial holding to 3.1 million shares. The transaction was worth GBP198,000.

Tate & Lyle shares were up 1.9% to 671.50p on Thursday.

Last week, Tate & Lyle reported higher sales and profit in the first half of its financial year and said profit for the full year, to March 2017, will be higher than expected following the strong first half.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Tate & Lyle PLC 713.60 GBX 1.62 -
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