TIDMPURE

RNS Number : 7779W

PureCircle Limited

12 November 2014

PURECIRCLE LIMITED

("PureCircle" or the "Company")

COMPLETION OF PRIVATE PLACEMENT

PureCircle (LSE: PURE), the world's leading producer and marketer of high purity stevia, is pleased to announce the completion of its private placement to raise GBP27.5 million (US$44 million) through the issue of 5 million new ordinary shares at a price of GBP5.50 per share (the "Placement"). The Placement was initially announced to the market on 21 October 2014, with the increased placing amount notified on 4 November 2014. The Placement was successfully completed upon the receipt of funds, which was finalised overnight. The new shares will be admitted to trading on AIM tomorrow, 13 November 2014.

As noted in the announcement dated 4 November 2014, the total number of ordinary shares currently on issue by the Company (which includes treasury shares) is 169,866,294. Correspondingly, the total number of voting rights is currently 169,737,430, with this figure to be used by shareholders as the denominator in the calculation of their interest in the Company.

The Company wishes to thank shareholders for their strong support in the raising.

12 November 2014

Enquiries:

 
PureCircle Limited (www.purecircle.com) 
 Magomet Malsagov - CEO                     +60 1 2388 8049 
 William Mitchell - CFO                     +44 7974 005163 
 
  RFC Ambrian Limited (NOMAD) 
  Stephen Allen                             +61 8 9480 2500

NOTES TO EDITORS

PureCircle is the global leader in production and marketing of 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(R), 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUUAURSVAAARA

Purecircle (LSE:PURE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Purecircle Charts.
Purecircle (LSE:PURE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Purecircle Charts.