TIDMPURE
RNS Number : 9638K
PureCircle Limited
13 July 2017
PureCircle Limited
Appointment of Director - Correction
PureCircle (LSE: PURE), the world's leading producer and
innovator of great-tasting stevia sweeteners for the global
beverage and food industry, announces a correction to its
Appointment of Director announcement published on 22 June 2017 at
7.00 am under RNS No 8155I. In the original announcement, the
number of shares held by Mr John Slosar was given as 1,471,202.
This has been corrected to 1,671,202.
All other details remain unchanged.
The full corrected announcement is given below.
Appointment of Director
PureCircle (LSE: PURE), the world's leading producer and
innovator of great-tasting stevia sweeteners for the global
beverage and food industry, is pleased to announce the appointment
of Mr. John Slosar as an Independent Non-Executive Director with
effect from 1 July 2017.
Mr Slosar, aged 60, is Chairman of Cathay Pacific Airways
Limited, John Swire & Sons (H.K.) Limited, Swire Pacific
Limited, Swire Properties Limited and Hong Kong Aircraft
Engineering Company Limited. He is also a Director of The Hongkong
and Shanghai Banking Corporation Limited and Air China Limited. He
joined the Swire group in 1980 and has worked with the Swire group
in Hong Kong, the United States and Thailand.
He is a graduate of both Columbia University and Cambridge
University.
Commenting on the appointment of John Slosar, the Chairman Paul
Selway-Swift said:
"John was a director of PureCircle from 2007 to 2014 when other
business commitments led him to retire from our board. We are
delighted that he is now able to return to the board which I am
sure will benefit from his experience and knowledge as it has in
the past."
A list of Mr. Slosar's directorships over the past five years is
included as an appendix below.
No other information is required to be disclosed as required
under LR 9.6.13 of the Listing Rules.
As at 22 June 2017, Mr Slosar has confirmed that he holds
1,671,202 shares in PureCircle Limited.
13 July 2017
Enquiries:
Investors/Analysts
Rakesh Sinha, CFO
Email: Rakesh.sinha@purecircle.com
Media
Emma Kane (Redleaf), Media Relations
Email: media@purecircle.com Phone: +44 (0)20 7382 4747
Notes to Editors
About PureCircle
-- PureCircle is the only company that combines advanced R&D
with full vertical integration from farm to high-quality,
great-tasting innovative stevia sweeteners.
-- The Company collaborates with farmers who grow the stevia
plants and with food and beverage companies which seek to improve
their low- and no-calorie formulations using a sweetener from
plants.
-- PureCircle will continue to: lead in research, development
and innovation; produce a growing supply of multiple varieties of
stevia sweeteners with sugar-like taste, using all necessary and
appropriate methods of production; and be a resource and innovation
partner for food and beverage companies.
-- PureCircle stevia flavor modifiers work in synergy with
sweeteners to improve the taste, mouthfeel and calorie profile, and
enhance the cost effectiveness, of beverage and food products.
-- Founded in 2002, PureCircle is continually investing in
breakthrough research and development and it currently has 72
stevia-related approved patents and 200 pending.
-- PureCircle has offices around the world with the global
headquarters in Kuala Lumpur, Malaysia.
-- To meet growing demand for stevia sweeteners, PureCircle is
rapidly ramping up its supply capability. It recently completed the
expansion of its Malaysian stevia extract facility, increasing its
capacity to supply the newer and great-tasting specialty stevia
sweeteners and helping provide ever-increasing value to its
customers.
-- PureCircle's shares are listed on the main market of the
London Stock Exchange.
-- For more information, visit: www.purecircle.com
About stevia
-- Given the growing global concerns about obesity and diabetes,
beverage and food companies are working responsibly to reduce sugar
and calories in their products, responding to both consumers and
health and wellness advocates. Sweeteners from the stevia plant
offer sugar-like taste and are becoming an increasingly important
tool for these companies.
-- Like sugar, stevia sweeteners are from plants. But unlike
sugar, they enable low-calorie and zero-calorie formulations of
beverages and foods.
-- Stevia leaf extract is a natural-based, zero calorie,
high-intensity sweetener, used by global food and beverage
companies as a great-tasting zero-calorie alternative to sugar and
artificial sweeteners.
-- Stevia is a naturally sweet plant native to South America;
today, it is grown around the world, notably in Kenya, China and
the US.
-- The sweet-tasting parts of the stevia leaf are up to 400
times sweeter than sugar: stevia's high-intensity sweetness means
it requires far less water and land than sugar.
-- Research has shown that the molecules of the stevia leaf are
present and unchanged in the dried stevia leaf, through the
commercial extraction and purification process, and in the final
stevia leaf extract product. All major global regulatory
organisations, across 65 countries, have approved the use of
high-purity stevia leaf extracts in food and beverages.
-- For more information on the science of stevia, please visit
http://globalsteviainstitute.com
Appendix - Directorships held by Mr Slosar in other publicly
quoted companies
Current Directorships Ceased Directorships in
the past 5 years
------------------------------- ----------------------------
Air China Limited PureCircle Limited (stepped
down in March 2014)
------------------------------- ----------------------------
Cathay Pacific Airways
Limited
------------------------------- ----------------------------
Hong Kong Aircraft Engineering
Company Limited
------------------------------- ----------------------------
Swire Pacific Limited
------------------------------- ----------------------------
Swire Properties Limited
------------------------------- ----------------------------
The Hongkong and Shanghai
Banking Corporation Limited
(a wholly owned subsidiary
of HSBC Holdings Plc)
------------------------------- ----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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