Jefferies discloses stakes in Tate & Lyle and Mitie under takeover rules

what happened

Jefferies International Limited published Form 8.3 disclosures for two British companies that are in an offer period. According to Reuters, as of 23 October 2026 Jefferies held total interests of 8,257,196 Tate & Lyle shares, or 1.854%, and short positions of 8,263,320, or 1.855%. Securities it owned or controlled directly amounted to 1,364,113 shares, or 0.306%.

For Mitie Group plc, Jefferies reported total interests of 27,356,731 shares, or 2.101%, and short positions of 26,874,614, or 2.064%. Of these, 12,751,486 shares, or 0.980%, were owned or controlled directly.

The filings also list dealings on the same date. Tate & Lyle shares traded at roughly 562 to 566 pence, while Mitie's 2.5p ordinary shares changed hands at about 210 to 211 pence.

why it matters

These are routine regulatory disclosures that holders of at least 1% of a company's shares must file while it is in an offer period. They do not signal the outcome of any deal, but they show how large market participants are positioning in the stocks.

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