SORB Sorbic Int

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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