Jefferies discloses stakes in Tate & Lyle and Mitie near 2% each

what happened

Jefferies International Limited reported in a takeover-code disclosure that, as of 16 October 2026, its total interests in Tate & Lyle Plc came to 8,256,520 ordinary shares, or 1.854%, while its short positions totaled 8,263,320 shares (1.855%). Most of this exposure sits in cash-settled derivatives, 7,743,083 securities (1.738%), and directly held or controlled shares number 513,437 (0.115%). Reuters carried the filing on 19 October 2026.

In a separate filing for Mitie Group plc, the same firm reported total interests of 26,858,576 shares of 2.5 pence each, or 2.063%, and short positions of 26,881,613 shares (2.065%). Of these, 2,253,331 shares (0.173%) are owned or controlled directly, while 24,605,245 (1.890%) are cash-settled derivatives. Dealings in Tate & Lyle took place between 563.25 and 565.00 pence, and in Mitie between 210.50 and 210.61 pence.

why it matters

Filings like these appear during takeover situations and show how large holders position themselves around a possible deal. They do not reveal the intentions of the parties, but traders often track them as a sign of interest in the shares. For investors this is routine reporting, though changes in later filings may matter more.

tags

instruments