11 Nov 2014 07:06
PURECIRCLE LIMITED
("PureCircle" or "the Company")
Notification of a Major Interest
PureCircle (LSE: PURE), the world's leading producer and marketer of high purity stevia ingredients, has today been notified by one of its substantial shareholders, Wang Tak Company Limited (which includes the holdings of Mr. Tan Boon Seng and his spouse), that following recent purchases of PureCircle shares from the open market, their total interest held in the Company has increased to 42,563,390 shares representing 25.08% of the issued share capital (excluding treasury shares).
Wang Tak Company Limited ("Wang Tak") holds 41,316,037 of these shares and Mr. Tan and his spouse hold 1,247,353 shares. Mr. Tan is a director of Wang Tak (a company wholly owned by Lee Hing Development Limited where he is a substantial shareholder).
The average price of these purchases since the last notification is GBP5.848.
11 November 2014
For more information:
PureCircle Limited (www.purecircle.com) | |
Magomet Malsagov, CEO | +60 3 2166 2206 |
William Mitchell, CFO | +44 7974 005 163 |
RFC Ambrian Ltd (NOMAD) | +61 8 9480 2500 |
Stephen Allen |
NOTES TO EDITORS
PureCircle is the global leader in production and marketing of high purity stevia ingredients. PureCircle leads the industry with development of a vertically integrated, sustainable and natural supply chain. Stevia is grown for PureCircle across South America, Africa, Asia and the United States where it provides a sustainable cash crop for farming communities. As part of the company's proprietary Stevia 3.0 TM portfolio, PureCircle has developed a broad range of ingredient solutions and has pioneered such ingredients as Reb A, SG95, and breakthrough ingredients such as PureCircle Alpha, Reb D, Reb M as well as PureCircle Flavors. PureCircle also established joint venture partnerships with sugar industry leaders to innovatively combine stevia and sugar for natural sweetening solutions and locally support customers. These global partnerships include Tereos PureCircle Solutions, with Tereos and NPSweet A/S with Nordzucker, in Europe. As part of its industry leadership, PureCircle pioneered the trust mark Stevia PureCircle®, which educates consumers about the benefits of stevia and provides a strong base of trust for both consumers and food and beverage companies alike. The company also founded The Global Stevia Institute, (www.globalsteviainstitute.com ) the leading resource for accurate, science-based information on stevia led by a global advisory board of internationally recognized health professionals. PureCircle's global headquarters are in Kuala Lumpur, Malaysia. PureCircle is listed on the London Stock Exchange AiM market under the ticker symbol: PURE. For more information on PureCircle, visit: www.purecircle.com.