21st May 2026 15:56
AMENDMENT
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Tate & Lyle plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial Adviser to Ingredion Inc. |
(d) Date dealing undertaken: | 19 May 2026 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
29 1/6p ordinary | Purchase | 2,487,899 | 5.3300 GBP | 5.1050 GBP |
| Sale | 1,212,965 | 5.3200 GBP | 5.1100 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
29 1/6p ordinary | Equity Swap | Decrease Long | 27,416 | 5.1200 GBP |
3,923 | 5.1204 GBP | |||
17,790 | 5.1205 GBP | |||
755 | 5.1217 GBP | |||
23,244 | 5.1249 GBP | |||
230 | 5.1301 GBP | |||
1,000 | 5.1340 GBP | |||
1,935 | 5.1356 GBP | |||
5,111 | 5.1379 GBP | |||
2,091 | 5.1399 GBP | |||
48 | 5.1500 GBP | |||
438 | 5.1535 GBP | |||
17,646 | 5.1776 GBP | |||
5,937 | 5.1897 GBP | |||
31,509 | 5.2237 GBP | |||
7,873 | 5.2495 GBP | |||
4,271 | 5.2500 GBP | |||
3,174 | 5.2604 GBP | |||
361 | 5.2721 GBP | |||
3,034 | 5.2994 GBP | |||
Decrease Short | 12,766 | 5.1185 GBP | ||
7,176 | 5.1195 GBP | |||
52,740 | 5.1198 GBP | |||
47,737 | 5.1930 GBP | |||
80,745 | 5.1984 GBP | |||
35,238 | 5.2148 GBP | |||
2,469 | 5.2843 GBP | |||
64 | 5.2854 GBP | |||
11,642 | 5.2956 GBP | |||
Increase Long | 515 | 5.1095 GBP | ||
847 | 5.1234 GBP | |||
43 | 5.1663 GBP | |||
87,400 | 5.1746 GBP | |||
13,610 | 5.1813 GBP | |||
4,500 | 5.1825 GBP | |||
27,963 | 5.1908 GBP | |||
12,819 | 5.2686 GBP | |||
283 | 5.2848 GBP | |||
1,500 | 5.2951 GBP | |||
Increase Short | 942 | 5.1004 GBP | ||
5,000 | 5.1504 GBP | |||
12,174 | 5.1677 GBP | |||
200 | 5.1678 GBP | |||
37,423 | 5.1785 GBP | |||
81,183 | 5.1790 GBP | |||
5,000 | 5.2004 GBP | |||
5,659 | 5.2022 GBP | |||
5,000 | 5.2504 GBP | |||
Opening a long position | 821 | 5.2746 GBP | ||
Opening a short position | 281,000 | 5.1439 GBP | ||
287,532 | 5.2092 GBP | |||
205,900 | 5.2153 GBP | |||
545,614 | 5.2833 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
None
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(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
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| Date of disclosure: | 21 May 2026 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Tate & Lyle