Treatt Plc – Placing To Raise £21.6 million

Treatt, the manufacturer and supplier of innovative ingredient solutions for the flavour, fragrance, beverage and consumer products industries, is pleased to announce that it has conditionally raised approximately £21.6 million (before expenses) by placing 5,265,500 Placing Shares at a price of 410.0 pence per Placing Share with new and existing institutional investors in order to help fund the acceleration of the Group's US expansion plans and its UK site relocation and expansion to deliver a new UK facility capable of supporting Treatt's future growth plans.