Tristel PLC Timing of EPA approval (4817S)
October 03 2017 - 1:00AM
UK Regulatory
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
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