REG - Treatt PLC - Update on CFO Recruitment and Board Committees

TreattAnnouncement

12/02/2026 07:00

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RNS Number : 6751S  Treatt PLC  12 February 2026

12 February 2026

 

 

TREATT PLC

 ("Treatt", the "Company" or the "Group")

 

Update on Chief Financial Officer recruitment

 

and

 

Board Committee updates

 

 

Chief Financial Officer

 

Treatt, the manufacturer and supplier of a diverse and sustainable portfolio
of natural extracts and ingredients for the beverage, flavour and fragrance
industries, is pleased to announce the appointment of Manprit Randhawa as
Group Chief Financial Officer on a permanent basis, effective on 11 February
2026.

 

Manprit joined Treatt in September 2025 as Interim CFO, and on 1 January 2026
was additionally appointed as Interim Group Managing Director. The Company
confirms that he will continue in the latter role whilst the process to
appoint a permanent Group CEO continues.

 

In connection with Manprit's appointment to the Group CFO role on a permanent
basis, the Remuneration Committee has resolved to grant an LTIP Award to
Manprit, in accordance with the terms of the LTIP Plan Rules approved by the
Company's shareholders in 2024.  The LTIP Awards are nil priced options over
a total of 209,215 new ordinary shares of £0.02 each in the Company.  The
LTIP awards are subject to performance criteria based on compound annual
growth in adjusted basic earnings per share (80% weighting) and return on
average annual return on capital employed (20% weighting) over a three-year
period.  The awards, or a proportion of them, only vest if the performance
criteria is satisfied at the date on which vesting occurs.  The LTIP awards
are subject to a further two-year holding period.  The notification of
dealing provided in accordance with the requirements of UK MAR in relation to
the award are set out further below.

 

Vijay Thakrar, Chair of Treatt, commented:

 

"Since joining Treatt, Manprit has made a strong contribution to the business
and we are delighted to confirm his appointment as Chief Financial Officer on
a permanent basis.  This appointment will further support our continued focus
on delivery of Treatt's potential."

 

Board Committee updates

 

As previously announced on 21 November 2025, Bronagh Kennedy stepped down as a
Non-executive Director and Chair of the Remuneration Committee on 31 January
2026, and on 3 December 2025 the Company announced that Philip O'Connor will
step down as a Non-executive Director, Senior Independent Director and Chair
of the Audit Committee on 28 February 2026.  Whilst the search for new
Non-executive Directors is well underway, the Board has agreed that in the
meantime Christine Sisler will act as Chair of the Remuneration Committee with
immediate effect and with effect from 1 March 2026, Christine Sisler and Helga
Moelschl, who as announced on 20 January 2026 was appointed to the Board on 1
February 2026, will join the Nomination Committee.

 

 

Enquiries

 

Treatt PLC                              +44 (0)
1284 702500

Vijay Thakrar
        Chair

 

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) 7701
308 818

Tim Rowntree

Eleni Menikou

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1   Details of the Director
 a)  Name                                                         Manprit Randhawa
 2   Reason for the notification
 a)  Position/status                                              Interim Managing Director and Chief Financial Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Treatt PLC
 b)  LEI                                                          213800G40JM9F7G9LG39
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary share of 2 pence each

     Identification code

                                                                  GB00BKS7YK08
 b)  Nature of transaction                                        Award of LTIP
 c)  Price(s) and volume(s)                                       nil                          209,215
     Aggregated information

     -      Aggregated volume                                     N/A (Single transaction)

     -      Price
 e)  Date of the transaction                                      11 February 2026
 f)  Place of the transaction                                     Outside a trading venue

 

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 over 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
(https://protect.checkpoint.com/v2/r06/___http:/www.treatt.com___.ZXV3MjpuZXh0MTU6YzpvOjY5Zjg4OGE0NzJhYzVlOGU4MjVjMDQxMzdiMzkxYjNjOjc6ODZhYTo5OTQyZGEwOTAyMDIxMDUxNTJjNzQzYWUxNWE3YTliOTFiYjE3YzJmY2E2MWY3MDJlMTc3ZGNhNmRkNzYwNTE3OnA6VDpU)
.

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