21 Jul 2008 08:45
PURECIRCLE LIMITED("PureCircle" or "the Company")
Regulatory submissions and notification of interim results
PureCircle notes a number of recent moves which could expedite the adoption of Rebaudioside-A ("Reb-A") as an approved food and beverage ingredient in key markets.
First, submissions to the Food & Drug Administration in the United States have been made by various consumer products manufacturers to obtain Generally Recognised As Safe ("GRAS") clearance for Reb-A to be used as a food and beverage ingredient in that country. The process to obtain GRAS status is expected to take about six months, although there can be no guarantee that GRAS clearance will ultimately be obtained.
Separately, the Joint FAO/WHO Expert Committee on Food Additives ("JECFA") convened in June to consider and evaluate various steviol glycosides, including high purity Reb-A, and set permanent Acceptable Daily Intake ("ADI") levels.
The Company will provide further updates to the market when GRAS clearance is obtained.
PureCircle also advises that it will be announcing its interim results for the six months ended 30 June 2008 on 17 September 2008. A presentation for analysts, which will include an update on general business developments, will take place that morning at 09.30 at the offices of College Hill*.
21 July 2008
| Enquiries: | |
| PureCircle | Tel: +44 7974 005 163 |
| William Mitchell, Finance Director | |
| College Hill | Tel: +44 20 7457 2020 |
| Mark Garraway | |
| RFC Corporate Finance (NOMAD) | Tel: +61 8 9480 2500 |
| Steve Allen |
* The Registry, Royal Mint Court, London EC3N 4QN
For further information please visit the company website: www.purecircle.com