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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tristel Plc | LSE:TSTL | London | Ordinary Share | GB00B07RVT99 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 462.50 | 455.00 | 470.00 | 462.50 | 462.50 | 462.50 | 2,803 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Med, Dental, Hosp Eq-whsl | 36.01M | 4.46M | 0.0941 | 49.15 | 219.23M |
From Apr 2019 to Apr 2024
TIDMTSTL
RNS Number : 4817S
Tristel PLC
03 October 2017
Tristel plc
("Tristel" or "the Company")
Timing of EPA approval
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces a change to the expected approval date from the United States Environmental Protection Agency (EPA) for its foam based chlorine dioxide product DUO.
A meeting with the EPA in October 2016 and subsequent communications with the agency guided the scope and content of the Company's Duo submission which was made on 30 June 2017. The EPA has now informed the Company that it has changed its approach and additional information has been requested. This additional data has largely been compiled and submitted. As a result, the EPA approval is now expected in May 2018, rather than late 2017 as originally anticipated. Approval will be followed by the state by state registration process and the Company's revenue expectations are not affected by this slight delay.
Paul Swinney, CEO, said: "Whilst we are disappointed that the EPA's change of approach will require us to restart the submission timetable and incur a five-month delay to the timetable that we originally anticipated, our expectation for first revenues from North America in financial year 2018-19 remains unchanged."
For further information please contact:
Tristel plc Tel: 01638 721 500 Paul Swinney, Chief Executive Officer Liz Dixon, Finance Director Walbrook PR Ltd Tel: 020 7933 8780 or tristel@walbrookpr.com Paul McManus Mob: 07980 541 893 Lianne Cawthorne Mob: 07584 391 303 finnCap Tel: 020 7220 0500 Geoff Nash/ Giles Rolls (Corporate Finance) Alice Lane (Corporate Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFSLFWEFWSESS
(END) Dow Jones Newswires
October 03, 2017 02:00 ET (06:00 GMT)
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