In short, all resolutions were passed, along with a resolution regarding an agreement to sell a controlling stake in a new company and its subsidiaries which will hold Tate & Lyle's Primary Products business in North America and Latin America and its interests in the Almidones Mexicanos S.A de C.V and DuPont Tate & Lyle Bio-Products Company, LLC joint ventures, to Gemini Holdings, LP, an affiliate of funds managed by KPS Capital Partners, LP (such sale together with the entry into of certain related transaction agreements being the "Transaction").
That matter was put out on 12 Jul 21, whereupon it was announced that a special dividend may be paid to shareholders on completion of the transaction;
Following completion, the Board intends that approximately £0.5bn (US$0.7bn) be returned to Tate & Lyle's shareholders by way of a special dividend and associated share consolidation. The balance will be retained to strengthen Tate & Lyle's balance sheet, provide flexibility to invest to accelerate growth and for potential tax arising as a result of the Proposed Transaction.
https://www.investegate.co.uk/tate---38 ... 00078376E/
Ian.