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

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October 03, 2017 02:00 ET (06:00 GMT)

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