Sorbic International PLC Update on Loan Notes and Notice of Results (2996A)
December 22 2014 - 1:00AM
UK Regulatory
TIDMSORB
RNS Number : 2996A
Sorbic International PLC
22 December 2014
Press Release 22 December 2014
Sorbic International plc
("Sorbic" or the "Group")
Update on Loan Notes and Notice of Results
Further to the Trading Update issued on 10 November 2014, Sorbic
International plc (AIM:SORB), a leading sorbates producer in China,
wishes to announce that discussions over the repayment of the
outstanding Convertible Loan Notes are ongoing and as a result, the
Group will now be reporting its Preliminary Results in the first
half of January 2015.
- Ends -
For further information:
Sorbic International plc Tel: +44 (0)7768 031 454
John McLean, Chairman www.sorbicinternational.com
finnCap (Nomad)
Geoff Nash / Kate Bannatyne Tel: +44 (0) 20 7220 0500
Hybridan LLP (Broker)
Claire Louise Noyce Tel: +44 (0) 20 3713 4581
Media enquiries:
Abchurch Communications
Canace Wong Tel: +44 (0)20 7398 7714
canace.wong@abchurch-group.com www.abchurch-group.com
Notes to Editors: www.sorbicinternational.com
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").
This information is provided by RNS
The company news service from the London Stock Exchange
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