Societe Generale discloses 6.16% stake in Tate & Lyle and 5.62% short positions

what happened

Societe Generale SA has filed a Rule 8.3 disclosure under the Takeover Code detailing its positions in Tate & Lyle plc shares. As of 13 October 2026, the bank owned or controlled 27,418,177 ordinary shares of 29 1/6 pence each, equal to 6.16% of the capital. Short positions in the shares themselves totalled 90,043 (0.02%), and including cash-settled derivatives, total short positions reached 25,015,596 securities, or 5.62%.

On the same day the bank made several trades, buying 16,338, 241,287, 60,371 and 1,277 shares at prices between 5.59 and 5.62 pounds sterling, and selling 5 and 753 shares. The bank reported the contract-for-difference trades as increases or reductions of its short position. The filing was published through RNS, the news service of the London Stock Exchange.

why it matters

Such disclosures matter in a possible takeover situation, because holders above 1% must report every change in their position, which shows who is adding exposure to the company's shares. The data alone does not indicate where the share price is heading and is not investment advice.

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