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PURE Purecircle Limited

99.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Purecircle Limited LSE:PURE London Ordinary Share BMG7300G1096 ORD USD0.10 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 99.50 99.40 99.60 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

PureCircle Limited Additional Listing (6416K)

11/07/2017 7:00am

UK Regulatory


Purecircle (LSE:PURE)
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TIDMPURE

RNS Number : 6416K

PureCircle Limited

11 July 2017

PureCircle Limited

Block Listing Application

PureCircle (LSE: PURE), the world's leading producer and innovator of great-tasting stevia sweeteners for the global beverage and food industry, notifies the market that application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 600,000 ordinary shares of US$0.10 each ("Shares") in relation to the Company's Long Term Incentive Plan 2008.

When issued the Shares will rank pari passu with the existing issued shares of the Company.

It is expected that the Shares will be admitted to the Official List and to trading on the London Stock Exchange on or around 14 July 2017.

11 July 2017

Enquiries:

Investors/Analysts

Rakesh Sinha, CFO

Email: Rakesh.sinha@purecircle.com

Media

Emma Kane (Redleaf), Media Relations

Email: media@purecircle.com Phone: +44 (0)20 7382 4747

Notes to Editors

About PureCircle

-- PureCircle is the only company that combines advanced R&D with full vertical integration from farm to high-quality, great-tasting innovative stevia sweeteners.

-- The Company collaborates with farmers who grow the stevia plants and with food and beverage companies which seek to improve their low- and no-calorie formulations using a sweetener from plants.

-- PureCircle will continue to: lead in research, development and innovation; produce a growing supply of multiple varieties of stevia sweeteners with sugar-like taste, using all necessary and appropriate methods of production; and be a resource and innovation partner for food and beverage companies.

-- PureCircle stevia flavor modifiers work in synergy with sweeteners to improve the taste, mouthfeel and calorie profile, and enhance the cost effectiveness, of beverage and food products.

-- Founded in 2002, PureCircle is continually investing in breakthrough research and development and it currently has 72 stevia-related approved patents and 200 pending.

-- PureCircle has offices around the world with the global headquarters in Kuala Lumpur, Malaysia.

-- To meet growing demand for stevia sweeteners, PureCircle is rapidly ramping up its supply capability. It recently completed the expansion of its Malaysian stevia extract facility, increasing its capacity to supply the newer and great-tasting specialty stevia sweeteners and helping provide ever-increasing value to its customers.

-- PureCircle's shares are listed on the main market of the London Stock Exchange.

-- For more information, visit: www.purecircle.com

About stevia

-- Given the growing global concerns about obesity and diabetes, beverage and food companies are working responsibly to reduce sugar and calories in their products, responding to both consumers and health and wellness advocates. Sweeteners from the stevia plant offer sugar-like taste and are becoming an increasingly important tool for these companies.

-- Like sugar, stevia sweeteners are from plants. But unlike sugar, they enable low-calorie and zero-calorie formulations of beverages and foods.

-- Stevia leaf extract is a natural-based, zero calorie, high-intensity sweetener, used by global food and beverage companies as a great-tasting zero-calorie alternative to sugar and artificial sweeteners.

-- Stevia is a naturally sweet plant native to South America; today, it is grown around the world, notably in Kenya, China and the US.

-- The sweet-tasting parts of the stevia leaf are up to 400 times sweeter than sugar: stevia's high-intensity sweetness means it requires far less water and land than sugar.

-- Research has shown that the molecules of the stevia leaf are present and unchanged in the dried stevia leaf, through the commercial extraction and purification process, and in the final stevia leaf extract product. All major global regulatory organisations, across 65 countries, have approved the use of high-purity stevia leaf extracts in food and beverages.

-- For more information on the science of stevia, please visit http://globalsteviainstitute.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

July 11, 2017 02:00 ET (06:00 GMT)

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