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SORB Sorbic Int

2.50
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sorbic Int LSE:SORB London Ordinary Share GB00B3CX3F30 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sorbic International PLC Resignation of Nominated Adviser (2335Q)

16/06/2015 7:00am

UK Regulatory


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RNS Number : 2335Q

Sorbic International PLC

16 June 2015

 
 
 
 

Sorbic International Plc

("Sorbic" or "the Company")

Resignation of Nominated Adviser

The Company announces that finnCap Ltd, the Company's Nominated Adviser has resigned with immediate effect.

The Company was suspended on 1 May 2015 and continues to investigate the transfer of funds by Mr Wang, the former CEO of the Company. Further updates will be made in due course.

Pursuant to Rule 1 of the AIM Rules, in the event that a Nominated Adviser is not appointed within a month, the Company's admission to trading will be cancelled.

CONTACTS

 
For further information: 
Sorbic International plc  Tel: +44 (0)7768 031 454 
John McLean, Chairman     www.sorbicinternational.com 
 
 
Hybridan LLP (Broker) 
Claire Louise Noyce                                              Tel: +44 (0) 20 3713 4581 
 

Media enquiries:

 
Abchurch Communications 
Henry Harrison-Topham / Canace Wong  Tel: +44 (0)20 7398 7714 
canace.wong@abchurch-group.com       www.abchurch-group.com 
 

Notes to Editors:

About Sorbic International plc

Sorbic International's principal activity is the production and sale of the food preservatives Sorbic Acid and Potassium Sorbate from its base in Linyi City, Shandong Province, Peoples Republic of China. Approximately half of Sorbic International's production is sold to overseas markets and half into the Chinese domestic market.

Sorbic Acid is a naturally occurring organic compound that is used in all kinds of foods for its anti-decomposition and anti-fungus function and also in grains, medicines, cosmetics, toothpaste, tobacco, animal feed, latex, paper-manufacturing and pesticides. Potassium Sorbate is used to inhibit moulds and yeasts in many foods, such as cheese, wine, yogurt, dried meat, baked goods, cosmetics and pharmaceuticals.

Sorbic International operates through its wholly owned subsidiary Linyi Van Science and Technique Co. Ltd ("LVST"). www.sorbicinternational.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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