REG - Treatt PLC - Relationship Agreement and Board Appointment

TreattAnnouncement

Today 07:02

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260120:nRST5844Pa&default-theme=true

RNS Number : 5844P  Treatt PLC  20 January 2026

TREATT PLC

("Treatt" or "the Group")

Relationship Agreement with Döhler

and

Board appointment

Treatt, the manufacturer and supplier of a diverse and sustainable portfolio
of natural extracts and ingredients for the beverage, flavour and fragrance
industries, announces that it has entered into a customary relationship
agreement with major shareholder Döhler Finance Management B.V. and the
appointment of Helga Moelschl as a Non-Executive Director of the Company.

Relationship Agreement

In light of its significant shareholding of 16,616,021 shares (representing
approximately 28% of the issued share capital of the Company), Treatt entered
into a customary relationship agreement with Döhler Finance Management B.V.
("Döhler") on 19 January 2026, which regulates the relationship between the
Company and Döhler (the "Relationship Agreement").

In the Relationship Agreement, Döhler has undertaken, among other matters, to
ensure that all transactions and arrangements between it and the Company will
be conducted at arm's length and on normal commercial terms. Döhler has also
agreed that it will not take any action or propose any shareholder resolution
that would prevent the Company from complying with its obligations under the
UK Listing Rules and other applicable regulatory requirements. The
Relationship Agreement contains customary provisions governing the protection
of confidential information by the Company with Döhler.

The Relationship Agreement also gives Döhler the right to nominate one
candidate for appointment to the Board as a director of the Company for so
long as the agreement is in effect, subject to prior consultation with the
Board, the completion of customary due diligence and provided the relevant
candidate fits the skills and experience profile required by the Board at the
relevant time.

The Relationship Agreement will terminate if Döhler's shareholding falls
below 25 per cent. of the issued ordinary share capital of the Company.

Director appointment

Further to the entering into of the Relationship Agreement, Treatt announces
that Helga Moelschl will join the Board as a Non-Executive Director on 1
February 2026. Helga's nomination was considered by the Company's Nomination
Committee, which recognised Helga's significant industry experience.

Helga brings over 20 years' experience in the food ingredients and flavours
industry and has held senior roles at leading companies in the sector,
including IFF and Givaudan. During her career Helga has established a strong
track record of business performance leadership, commercial excellence and
sustainable value creation, underpinned by innovative consumer-centric
strategies.

Helga was nominated by Döhler under the terms of the Relationship Agreement
and she will consequently be classified as non-independent for the purpose of
the UK Corporate Governance Code.

Treatt Chair, Vijay Thakrar said:

"The Board is committed to acting in the interests of all its shareholders. I
am pleased to announce the Relationship Agreement with Döhler, which is both
a significant shareholder and a highly respected company in the ingredients,
life science and nutrition industry.  After careful consideration, the Board
concluded that it would be in the Company's best interest to enter into a
suitable agreement with Döhler to regulate our relationship for the benefit
of all shareholders and stakeholders of the Company.

"I am also pleased to welcome Helga to the Board. Helga brings significant
commercial experience of our industry from her time with IFF and Givaudan. I,
and my Board colleagues, look forward to working with her."

There are no further matters to be disclosed pursuant to LR6.4.8R of the FCA's
Listing Rules.

 

Treatt PLC                 (via MHP)

Vijay Thakrar              Chair

Joint
Brokers

Investec Bank Plc       +44 (0) 20 7597 5970

David Anderson

Peel Hunt LLP             +44 (0) 20 7418 8900

George Sellar

Financial PR

MHP                            + 44 (0) 7885 447 944

Tim Rowntree             Treatt@mhpgroup.com

Eleni Menikou

 

About the Group

Treatt is a global, independent manufacturer and supplier of a diverse and
sustainable portfolio of natural extracts and ingredients for the flavour,
fragrance and multinational consumer product industries, particularly in the
beverage sector. Renowned for its technical expertise and knowledge of
ingredients, their origins and market conditions, Treatt is recognised as a
leader in its field. The Group employs approximately 350 staff in Europe,
North America and Asia and has manufacturing facilities in the UK and US. Its
international footprint enables the Group to deliver powerful and integrated
solutions for the food, beverage and fragrance industries across the globe.

For further information about the Group, visit www.treatt.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFIFFRLIIIFIR



            Copyright 2019 Regulatory News Service, all rights reserved